MedTech Acquisition (OTCMKTS:MTACU) Stock Price Up 19.5% – Still a Buy?

Shares of MedTech Acquisition Co. (OTCMKTS:MTACUGet Free Report) rose 19.5% during mid-day trading on Monday . The company traded as high as $11.35 and last traded at $11.35. Approximately 1,900 shares changed hands during trading, an increase of 225% from the average daily volume of 585 shares. The stock had previously closed at $9.50.

MedTech Acquisition Trading Up 19.5 %

The firm has a 50-day simple moving average of $11.35 and a 200-day simple moving average of $11.35.

About MedTech Acquisition

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MedTech Acquisition Corporation 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 the healthcare sector in the United States. The company was incorporated in 2020 and is based in Greenwich, Connecticut.

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