Centurion Acquisition (NASDAQ:ALFUW) Trading 1.6% Higher – Here’s Why

Shares of Centurion Acquisition Corp. (NASDAQ:ALFUW) shot up 1.6% during mid-day trading on Thursday . The stock traded as high as $0.2738 and last traded at $0.2850. 243 shares were traded during trading, a decline of 100% from the average session volume of 75,980 shares. The stock had previously closed at $0.2805.

Centurion Acquisition Stock Performance

The business’s fifty day moving average price is $0.32 and its 200 day moving average price is $0.32.

Centurion Acquisition Corp. (NASDAQ: ALFUW) is a special purpose acquisition company formed in 2021 with the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Incorporated in Delaware, the company raises investment capital through its public listing, with units typically comprising shares and warrants. To date, Centurion Acquisition has not generated operating revenues and remains focused on identifying a suitable business combination target.

As a blank‐check company, Centurion Acquisition seeks opportunities across a range of industries, with particular interest in sectors demonstrating robust growth potential.