Oxus Acquisition Corp. (NASDAQ:OXUS – Get Free Report) dropped 3.1% during trading on Wednesday . The company traded as low as $6.32 and last traded at $6.51. Approximately 10,616 shares were traded during trading, a decline of 72% from the average daily volume of 38,372 shares. The stock had previously closed at $6.72.
Oxus Acquisition Price Performance
The company has a market cap of $42.72 million, a P/E ratio of -31.00 and a beta of 0.01. The firm’s 50-day moving average is $8.05 and its two-hundred day moving average is $7.34.
Oxus Acquisition Company Profile
Oxus Acquisition Corp. does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company intends to focus its search on targets in the energy transition technologies, such as battery materials, energy storage, electric vehicle infrastructure, and advanced recycling in emerging/frontier countries, including the Commonwealth of Independent States, South and South-East Asia, the Middle East, and North Africa regions.
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