Shares of Petra Acquisition, Inc. (OTCMKTS:PAICU – Get Free Report) dropped 15.5% during mid-day trading on Monday . The company traded as low as $9.86 and last traded at $10.75. Approximately 300 shares traded hands during mid-day trading, an increase of 50% from the average daily volume of 200 shares. The stock had previously closed at $12.72.
Petra Acquisition Stock Performance
The company’s 50 day simple moving average is $10.75.
About Petra Acquisition
Petra Acquisition, Inc does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2019 and is based in New York, New York.
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