Shares of Moringa Acquisition Corp (OTCMKTS:MACAU – Get Free Report) traded down 17.5% during trading on Thursday . The company traded as low as $9.90 and last traded at $9.90. 4,700 shares were traded during mid-day trading, an increase of 31% from the average session volume of 3,581 shares. The stock had previously closed at $12.00.
Moringa Acquisition Stock Down 17.5 %
The stock has a 50-day simple moving average of $9.90 and a 200 day simple moving average of $9.94.
About Moringa Acquisition
Moringa Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. The company focuses on pursuing opportunities in technology-based businesses or industries in Israel.
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