FinServ Acquisition (OTCMKTS:FSRVU) Shares Climb 7.9% – Should You Buy?

FinServ Acquisition Corp. (OTCMKTS:FSRVU – Get Free Report) shares traded up 7.9% during mid-day trading on Monday. The stock traded as high as $17.66 and last traded at $17.66. Approximately 100 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 4,378 shares. The stock had previously closed at $16.37.

FinServ Acquisition Stock Performance

The company’s 50-day moving average is $17.66 and its 200 day moving average is $17.66.

About FinServ Acquisition

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FinServ Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and complete a business combination with a company in the financial services industry. Rather than operating a traditional product or service business, the company raised capital through a public offering and evaluated potential merger or acquisition opportunities.

FinServ Acquisition Corp. completed a business combination with Katapult Holdings, Inc, a technology-enabled lease-to-own platform serving consumers and retail partners in the United States.

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