Oxus Acquisition (NASDAQ:OXUS) Shares Down 0% – Time to Sell?

Oxus Acquisition Corp. (NASDAQ:OXUS)’s share price was down 0% during trading on Wednesday . The stock traded as low as $0.8840 and last traded at $0.9297. Approximately 6,814 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 38,372 shares. The stock had previously closed at $0.93.

Oxus Acquisition Stock Performance

The company has a 50 day moving average price of $1.43 and a 200 day moving average price of $1.95. The firm has a market cap of $6.10 million, a price-to-earnings ratio of -4.43 and a beta of 0.01.

About Oxus Acquisition

Oxus Acquisition Corp is a special-purpose acquisition company (SPAC) incorporated in the Cayman Islands and listed on the Nasdaq Stock Market under the ticker symbol OXUS. As a blank-check acquisition vehicle, the company was formed to raise capital through an initial public offering and to complete a business combination, merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar transaction with one or more operating businesses.

Following its public listing, Oxus Acquisition has held its assets in a trust account while seeking a target company.