Shares of Primavera Capital Acquisition Co. (NYSE:PV – Get Free Report) dropped 8.1% on Thursday . The stock traded as low as $1.56 and last traded at $1.59. Approximately 13,121 shares were traded during trading, a decline of 87% from the average daily volume of 103,184 shares. The stock had previously closed at $1.73.
Primavera Capital Acquisition Stock Performance
The stock has a market cap of $85.46 million, a PE ratio of 4.82 and a beta of 0.01. The company’s 50-day moving average price is $1.78 and its 200 day moving average price is $1.75.
About Primavera Capital Acquisition
Primavera Capital Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses in consumer companies China. The company was incorporated in 2020 and is based in Central, Hong Kong.
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