Pensare Acquisition (NASDAQ:WRLS) Shares Pass Above Two Hundred Day Moving Average of $3.68

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Pensare Acquisition Corp (NASDAQ:WRLS)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.68 and traded as high as $4.34. Pensare Acquisition shares last traded at $4.34, with a volume of 30,890 shares.

The stock has a fifty day moving average price of $4.42 and a 200-day moving average price of $3.66.

About Pensare Acquisition (NASDAQ:WRLS)

Pensare Acquisition Corp. does not have significant operations. It intends to enter into a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities in the United States. It plans to focus on businesses in the wireless telecommunications industry.

Further Reading: Understanding debt-to-equity ratio in fundamental analysis

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