Flag Ship Acquisition (NASDAQ:FSHPU) Trading 0.2% Higher – Still a Buy?

Flag Ship Acquisition Corp (NASDAQ:FSHPU) traded up 0.2% during mid-day trading on Monday . The stock traded as high as $10.97 and last traded at $10.97. 500 shares changed hands during trading, a decline of 49% from the average session volume of 975 shares. The stock had previously closed at $10.95.

Flag Ship Acquisition Trading Up 0.2%

The business has a fifty day moving average price of $10.90.

Flag Ship Acquisition Company Profile

We are a blank check company incorporated in the Cayman Islands and formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our business combination. We have not identified any acquisition target and we have not, nor has anyone on our behalf, initiated any discussions, directly or indirectly, to identify any acquisition target.