Cactus Acquisition Corp. 1 (NASDAQ:CCTSU) Trading 0.3% Higher – Should You Buy?

Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTSUGet Free Report)’s share price traded up 0.3% during mid-day trading on Wednesday . The stock traded as high as $11.53 and last traded at $11.53. 371 shares traded hands during trading, a decline of 79% from the average session volume of 1,732 shares. The stock had previously closed at $11.49.

Cactus Acquisition Corp. 1 Stock Performance

The business’s 50-day simple moving average is $11.38 and its two-hundred day simple moving average is $11.37.

About Cactus Acquisition Corp. 1

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Cactus Acquisition Corp. 1 Limited does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the emerging technology sector. The company was incorporated in 2021 and is based in Cranbury, New Jersey.

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