RF Acquisition (NASDAQ:RFAC) Trading 5.4% Higher – Here’s Why

RF Acquisition Corp. (NASDAQ:RFACGet Free Report) traded up 5.4% on Tuesday . The company traded as high as $6.01 and last traded at $6.01. 2,129 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 28,402 shares. The stock had previously closed at $5.70.

RF Acquisition Trading Up 5.4 %

The business’s 50-day moving average price is $10.32 and its 200-day moving average price is $10.92.

RF Acquisition Company Profile

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RF Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in financial services, media, technology, retail, interpersonal communication, transportation, and education sectors.

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