FinServ Acquisition (OTCMKTS:FSRVU) Shares Climb 7.9% – Time to Buy?

FinServ Acquisition Corp. (OTCMKTS:FSRVU – Get Free Report) rose 7.9% on Monday. The company traded as high as $17.66 and last traded at $17.66. 100 shares changed hands during trading, a decline of 98% from the average daily volume of 4,378 shares. The stock had previously closed at $16.37.

FinServ Acquisition Trading Up 7.9%

The stock’s 50 day moving average is $17.66 and its 200 day moving average is $17.66.

About FinServ Acquisition

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FinServ Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and combine with a business in the financial services industry, including areas such as financial technology, payments, lending and related services. As a blank-check company, it did not conduct significant operating activities or offer consumer products and services of its own before completing a business combination.

The company entered into a business combination agreement with Katapult Holdings, Inc, a technology-driven provider of lease-to-own financing for consumers shopping through e-commerce platforms.

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