Cartica Acquisition (NASDAQ:CITEU) Trading Down 4.7% – Time to Sell?

Shares of Cartica Acquisition Corp (NASDAQ:CITEUGet Free Report) were down 4.7% on Wednesday . The stock traded as low as $11.43 and last traded at $11.43. Approximately 100 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 1,271 shares. The stock had previously closed at $11.99.

Cartica Acquisition Stock Down 2.4 %

The stock’s 50 day moving average is $11.44 and its two-hundred day moving average is $11.43.

Cartica Acquisition Company Profile

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Cartica Acquisition Corp does not have any significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify and complete a business combination in the technology sector.

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