Shares of ESGEN Acquisition Co. (NASDAQ:ESAC – Get Free Report) were down 4.4% on Wednesday . The stock traded as low as $1.27 and last traded at $1.32. Approximately 46,177 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 55,041 shares. The stock had previously closed at $1.38.
ESGEN Acquisition Stock Down 4.4 %
The firm’s 50 day moving average price is $2.51 and its two-hundred day moving average price is $3.75.
About ESGEN Acquisition
ESGEN Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to target opportunities in the energy and infrastructure sector in North America.
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