Quantum FinTech Acquisition (NYSE:QFTA) Trading Up 5.7% – Still a Buy?

Shares of Quantum FinTech Acquisition Co. (NYSE:QFTAGet Free Report) were up 5.7% on Tuesday . The company traded as high as $0.17 and last traded at $0.17. Approximately 193,017 shares traded hands during mid-day trading, an increase of 6,816% from the average daily volume of 2,791 shares. The stock had previously closed at $0.16.

Quantum FinTech Acquisition Stock Up 55.6 %

The stock has a fifty day simple moving average of $0.40 and a two-hundred day simple moving average of $0.73.

Quantum FinTech Acquisition Company Profile

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Quantum FinTech Acquisition Corporation does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Tampa, Florida.

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