Fintech Ecosystem Development Corp. (NASDAQ:FEXDU – Get Free Report) shares dropped 4.5% on Tuesday . The company traded as low as $11.65 and last traded at $11.65. Approximately 6,400 shares were traded during trading, an increase of 150% from the average daily volume of 2,560 shares. The stock had previously closed at $12.20.
Fintech Ecosystem Development Price Performance
The company’s fifty day simple moving average is $11.72 and its 200 day simple moving average is $11.28.
About Fintech Ecosystem Development
Fintech Ecosystem Development Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies in the financial technology development sector in South Asia.
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