Macondray Capital Acquisition Corp. I (NASDAQ:DRAYU) Stock Price Up 0.2%

Macondray Capital Acquisition Corp. I (NASDAQ:DRAYUGet Rating) rose 0.2% on Tuesday . The stock traded as high as $9.97 and last traded at $9.97. Approximately 100 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 100 shares. The stock had previously closed at $9.95.

Macondray Capital Acquisition Corp. I Stock Up 0.2 %

The company has a fifty day moving average of $10.06 and a 200 day moving average of $10.03.

About Macondray Capital Acquisition Corp. I

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Macondray Capital Acquisition Corp. I does not have significant operations. The company intends to effect a merger or mergers, amalgamation, share exchange, share purchase, asset acquisition, reorganization, or similar business combination with one or more businesses. It intends to focus on companies in the software, data and technology, media, and telecom industries.

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