Shares of Crescent Acquisition Corp. (OTCMKTS:CRSAU – Get Free Report) were down 10.1% on Monday . The company traded as low as $10.15 and last traded at $10.15. Approximately 600 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 1,669 shares. The stock had previously closed at $11.29.
Crescent Acquisition Stock Performance
The firm has a 50-day moving average price of $6.50 and a two-hundred day moving average price of $4.27.
About Crescent Acquisition
Crescent Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as Crescent Funding Inc and changed its name to Crescent Acquisition Corp.
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