Big Cypress Acquisition (OTCMKTS:BCYP) Stock Breaks Above 50-Day Moving Average – What’s Next?

Big Cypress Acquisition Corp. (OTCMKTS:BCYP – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $8.44 and traded as high as $12.90. Big Cypress Acquisition shares last traded at $8.44, with a volume of 15,335,101 shares trading hands.

Big Cypress Acquisition Stock Down 19.2%

The firm’s fifty day moving average price is $8.44 and its 200-day moving average price is $8.44.

About Big Cypress Acquisition

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Big Cypress Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and complete a business combination with an operating company. Unlike a traditional operating business, the company was established primarily to raise capital and pursue a merger, acquisition, or similar transaction.

The company has stated that its search may include businesses in sectors such as healthcare, technology, media and telecommunications, consumer products and services, and financial services.

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