MedTech Acquisition (OTCMKTS:MTACU) Shares Up 19.5% – Here’s Why

MedTech Acquisition Co. (OTCMKTS:MTACUGet Free Report) shot up 19.5% during mid-day trading on Friday . The stock traded as high as $11.35 and last traded at $11.35. 1,900 shares changed hands during mid-day trading, an increase of 225% from the average session volume of 585 shares. The stock had previously closed at $9.50.

MedTech Acquisition Price Performance

The company’s 50-day moving average is $11.35 and its two-hundred day moving average is $11.35.

About MedTech Acquisition

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MedTech Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the healthcare sector in the United States. The company was incorporated in 2020 and is based in Greenwich, Connecticut.

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