Oxus Acquisition (NASDAQ:OXUS) Stock Price Up 6% – Here’s Why

Shares of Oxus Acquisition Corp. (NASDAQ:OXUSGet Free Report) traded up 6% during mid-day trading on Monday . The company traded as high as $6.02 and last traded at $5.84. 3,458 shares were traded during mid-day trading, a decline of 91% from the average session volume of 38,372 shares. The stock had previously closed at $5.51.

Oxus Acquisition Trading Up 6.0 %

The company has a market cap of $38.32 million, a PE ratio of -27.81 and a beta of 0.01. The business has a 50 day simple moving average of $6.12 and a two-hundred day simple moving average of $6.77.

Oxus Acquisition Company Profile

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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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