Oxus Acquisition Corp. (NASDAQ:OXUS – Get Free Report) dropped 2.1% during trading on Tuesday . The stock traded as low as $6.00 and last traded at $6.19. Approximately 12,246 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 38,372 shares. The stock had previously closed at $6.32.
Oxus Acquisition Stock Down 5.8 %
The company has a market capitalization of $38.26 million, a price-to-earnings ratio of -27.76 and a beta of 0.01. The stock’s 50-day simple moving average is $6.40 and its two-hundred day simple moving average is $7.39.
About Oxus Acquisition
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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