Moringa Acquisition Corp (NASDAQ:MACAW – Get Free Report) shot up 27.2% during trading on Monday . The stock traded as high as $0.10 and last traded at $0.10. 275 shares were traded during trading, a decline of 97% from the average session volume of 8,109 shares. The stock had previously closed at $0.08.
Moringa Acquisition Stock Performance
The firm’s 50-day simple moving average is $0.08 and its 200 day simple moving average is $0.06.
About Moringa Acquisition
Moringa Acquisition Corp does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. It focuses on acquiring technology-based companies in Israel. The company was incorporated in 2020 and is based in New York, New York.
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