Duddell Street Acquisition (OTCMKTS:DSACU) Stock Price Up 0.3% – Time to Buy?

Duddell Street Acquisition Corp. (OTCMKTS:DSACU)’s stock price was up 0.3% during trading on Tuesday . The stock traded as high as $10.13 and last traded at $10.13. 5,000 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 27,023 shares. The stock had previously closed at $10.10.

Duddell Street Acquisition Trading Up 0.3%

The business’s 50-day moving average price is $10.06 and its 200 day moving average price is $10.04.

About Duddell Street Acquisition

Duddell Street Acquisition Corp (OTCMKTS: DSACU) is a Cayman Islands–incorporated special purpose acquisition company formed in November 2020. As a blank check vehicle, it raises capital through an initial public offering and holds proceeds in a secure trust account until it completes a qualifying business combination. The company’s units, each comprised of one share of common stock and a fraction of a warrant, trade on the OTC market under the ticker DSACU.

The primary objective of Duddell Street Acquisition is to identify and merge with one or more target businesses, with a particular emphasis on high-growth sectors across Asia.