Blue Safari Group Acquisition (OTCMKTS:BSGAU) Stock Price Up 41.1% – Still a Buy?

Blue Safari Group Acquisition Corp. (OTCMKTS:BSGAUGet Free Report)’s share price was up 41.1% during mid-day trading on Friday . The company traded as high as $11.29 and last traded at $11.29. Approximately 900 shares were traded during trading, a decline of 26% from the average daily volume of 1,215 shares. The stock had previously closed at $8.00.

Blue Safari Group Acquisition Stock Up 41.1 %

The stock’s fifty day simple moving average is $11.29 and its 200-day simple moving average is $11.29.

Blue Safari Group Acquisition Company Profile

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Blue Safari Group Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the FinTech, InfoTech, and InsurTech sectors. The company was incorporated in 2021 and is based in Central, Hong Kong.

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