Quantum FinTech Acquisition Co. (NYSE:QFTA – Get Free Report) was down 5.1% during mid-day trading on Tuesday . The company traded as low as $7.27 and last traded at $7.48. Approximately 66,611 shares were traded during trading, an increase of 2,287% from the average daily volume of 2,791 shares. The stock had previously closed at $7.88.
Quantum FinTech Acquisition Price Performance
The firm’s 50-day simple moving average is $2.03 and its 200 day simple moving average is $1.00.
About Quantum FinTech Acquisition
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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