Property Solutions Acquisition (OTCMKTS:PSACU) Trading 0.5% Higher – Here’s What Happened

Shares of Property Solutions Acquisition Corp. (OTCMKTS:PSACU – Get Free Report) shot up 0.5% during trading on Wednesday . The stock traded as high as $17.42 and last traded at $17.08. Approximately 1,800 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 25,250 shares. The stock had previously closed at $16.99.

Property Solutions Acquisition Stock Performance

The stock’s 50 day moving average is $17.08 and its two-hundred day moving average is $17.08.

Property Solutions Acquisition Company Profile

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Property Solutions Acquisition Corp is a Delaware corporation formed in August 2021 as a special purpose acquisition company (SPAC) with the purpose of effecting a business combination. The company’s public units trade on the OTC Markets under the ticker PSACU. It is structured as a blank check vehicle with no commercial operations prior to a qualifying merger or acquisition.

The primary objective of the company is to identify, acquire and merge with one or more businesses in the property solutions industry.

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