AQU Stock Summary and Trading Ideas (Aquaron Acquisition Corp. | NASDAQ:AQU)

Aquaron Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities.

Aquaron Acquisition Corp. trades on the NASDAQ stock market under the symbol AQU.

As of December 20, 2024, AQU stock price was flat at $12.48 with 307 million shares trading.

AQU has a market cap of $30.31 million. This is considered a Sub-Micro Cap stock.

AQU has underperformed the market in the last year with a return of +16.9%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AQU shares. However, AQU has outperformed the market in the last 3 month and 2 week periods, returning +12.4% and +11.7%, while SPY returned +4.4% and -2.4%, respectively. This indicates AQU has been having a stronger performance recently.

AQU support price is $12.37 and resistance is $12.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AQU shares will trade within this expected range on the day.