Oxus Acquisition (NASDAQ:OXUS) Trading Up 2.5%

Oxus Acquisition Corp. (NASDAQ:OXUS) was up 2.5% during trading on Wednesday . The stock traded as high as $4.04 and last traded at $4.04. Approximately 533 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 38,372 shares. The stock had previously closed at $3.94.

Oxus Acquisition Stock Performance

The firm has a market cap of $26.25 million, a PE ratio of -19.05 and a beta of 0.01. The stock has a 50-day simple moving average of $7.11 and a two-hundred day simple moving average of $9.61.

Institutional Investors Weigh In On Oxus Acquisition

An institutional investor recently bought a new position in Oxus Acquisition stock. Mizuho Securities USA LLC purchased a new stake in shares of Oxus Acquisition Corp. (NASDAQ:OXUS) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 34,598 shares of the company’s stock, valued at approximately $374,000. Mizuho Securities USA LLC owned 0.53% of Oxus Acquisition at the end of the most recent reporting period. Institutional investors and hedge funds own 28.29% of the company’s stock.

Oxus Acquisition Company Profile

Oxus Acquisition Corp. does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company intends to focus its search on targets in the energy transition technologies, such as battery materials, energy storage, electric vehicle infrastructure, and advanced recycling in emerging/frontier countries, including the Commonwealth of Independent States, South and South-East Asia, the Middle East, and North Africa regions.