Oxus Acquisition Corp. (NASDAQ:OXUS – Get Free Report)’s stock price dropped 2.4% on Wednesday . The stock traded as low as $5.80 and last traded at $5.80. Approximately 1,223 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 38,372 shares. The stock had previously closed at $5.95.
Oxus Acquisition Stock Down 2.4 %
The company’s fifty day moving average is $6.09 and its two-hundred day moving average is $6.35. The stock has a market cap of $38.06 million, a price-to-earnings ratio of -27.62 and a beta of 0.01.
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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