Denali Capital Acquisition Corp. (NASDAQ:DECAU – Get Free Report)’s share price was up 0.6% during trading on Friday . The stock traded as high as $11.60 and last traded at $11.60. Approximately 200 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 1,496 shares. The stock had previously closed at $11.53.
Denali Capital Acquisition Price Performance
The company’s 50-day moving average is $11.53 and its 200 day moving average is $10.37.
Denali Capital Acquisition Company Profile
Denali Capital Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses. It intends to complete a business combination with companies primarily operating in the technology, consumer services, and hospitality sectors.
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