Princeton Capital Co. (OTCMKTS:PIAC – Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.06 and traded as low as $0.06. Princeton Capital shares last traded at $0.06, with a volume of 1,350 shares.
Princeton Capital Stock Down 10.4%
The stock has a fifty day simple moving average of $0.06 and a two-hundred day simple moving average of $0.06.
About Princeton Capital
Princeton Capital Corporation (OTCMKTS:PIAC) is a “blank check” company incorporated in Nevada in May 2014. The company was formed with the principal purpose of effecting a business combination, merger, capital stock exchange, asset acquisition, stock purchase or reorganization with one or more businesses or entities. As a special purpose acquisition company (SPAC), Princeton Capital has not generated any operating revenues to date.
In October 2015, Princeton Capital completed its initial public offering of 15,000,000 units at $10.00 per unit.
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