Shares of Spring Valley Acquisition Corp. (OTCMKTS:SVSVU – Get Free Report) traded up 1.4% during trading on Tuesday . The stock traded as high as $11.25 and last traded at $11.15. 2,900 shares were traded during mid-day trading, a decline of 48% from the average session volume of 5,602 shares. The stock had previously closed at $11.00.
Spring Valley Acquisition Stock Performance
The stock’s 50 day simple moving average is $11.15 and its two-hundred day simple moving average is $11.15.
Spring Valley Acquisition Company Profile
Spring Valley Acquisition Corp (OTCMKTS:SVSVU) is a special purpose acquisition company (SPAC) incorporated as an exempted company in the Cayman Islands. The firm was formed to raise capital through an initial public offering and to use the proceeds to complete a merger, share exchange, asset acquisition or other business combination with one or more operating businesses.
Spring Valley Acquisition has no commercial operations of its own; its primary activity is identifying and evaluating potential target companies across a broad range of industries.
Further Reading
- Five stocks we like better than Spring Valley Acquisition
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
Receive News & Ratings for Spring Valley Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spring Valley Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
