RF Acquisition (NASDAQ:RFAC) Trading 5.4% Higher – What’s Next?

RF Acquisition Corp. (NASDAQ:RFACGet Free Report) shares rose 5.4% during trading on Tuesday . The stock traded as high as $6.01 and last traded at $6.01. Approximately 2,129 shares changed hands during trading, a decline of 93% from the average daily volume of 28,402 shares. The stock had previously closed at $5.70.

RF Acquisition Stock Performance

The business has a 50-day simple moving average of $10.32 and a two-hundred day simple moving average of $10.92.

About RF Acquisition

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RF Acquisition Corp. 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 financial services, media, technology, retail, interpersonal communication, transportation, and education sectors.

Further Reading

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