Quantum FinTech Acquisition (NYSE:QFTA) Stock Price Up 5.7% – Still a Buy?

Quantum FinTech Acquisition Co. (NYSE:QFTAGet Free Report) shares rose 5.7% during trading on Tuesday . The stock traded as high as $0.17 and last traded at $0.17. Approximately 193,017 shares traded hands during trading, an increase of 6,816% from the average daily volume of 2,791 shares. The stock had previously closed at $0.16.

Quantum FinTech Acquisition Price Performance

The business has a 50-day simple moving average of $0.40 and a 200 day simple moving average of $0.73.

Quantum FinTech Acquisition Company Profile

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Quantum FinTech Acquisition Corporation does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Tampa, Florida.

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