Maquia Capital Acquisition (NASDAQ:MAQC) Shares Up 18% – Here’s What Happened

Maquia Capital Acquisition Co. (NASDAQ:MAQCGet Free Report) shares were up 18% on Monday . The company traded as high as $2.36 and last traded at $2.36. 100 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 1,292 shares. The stock had previously closed at $2.00.

Maquia Capital Acquisition Trading Up 18.0%

The firm has a market cap of $12.32 million, a P/E ratio of -78.67 and a beta of -0.01. The company’s 50-day moving average is $2.18 and its two-hundred day moving average is $2.12.

About Maquia Capital Acquisition

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Maquia Capital Acquisition Corp. is an exempted Cayman Islands company formed as a special purpose acquisition company (SPAC) with the objective of effecting a merger, capital stock exchange, asset acquisition or similar business combination. The company completed its initial public offering on the Nasdaq under the ticker MAQC, raising capital to pursue acquisition opportunities.

The company focuses on identifying and combining with one or more businesses in sectors such as consumer, healthcare and technology.

Further Reading

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