Shares of Trident Acquisitions Corp. (OTCMKTS:TDACU – Get Free Report) were down 0.2% on Tuesday . The company traded as low as $10.44 and last traded at $10.44. Approximately 2,600 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 17,917 shares. The stock had previously closed at $10.46.
Trident Acquisitions Trading Down 0.2%
The firm has a fifty day simple moving average of $10.44 and a 200 day simple moving average of $10.42.
About Trident Acquisitions
Trident Acquisitions Corp. is a special purpose acquisition company (SPAC) incorporated in Delaware in early 2021. It trades units on the OTC Markets under the ticker TDACU. The company was established to raise capital through an initial public offering and to pursue a merger, capital stock exchange, asset acquisition or similar business combination with one or more target companies.
Each public unit of Trident Acquisitions consists of one ordinary share and a fractional warrant exercisable into additional shares.
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