Oxus Acquisition (NASDAQ:OXUS) Shares Up 0% – Should You Buy?

Shares of Oxus Acquisition Corp. (NASDAQ:OXUSGet Free Report) rose 0% on Monday . The company traded as high as $0.8883 and last traded at $0.8501. 6,036 shares were traded during trading, a decline of 84% from the average daily volume of 38,372 shares. The stock had previously closed at $0.85.

Oxus Acquisition Trading Up 0.0%

The stock has a 50 day moving average of $1.32 and a 200-day moving average of $1.34. The company has a market capitalization of $5.58 million, a P/E ratio of -4.05 and a beta of 0.01.

Oxus Acquisition Company Profile

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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.

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