Marblegate Acquisition Corp. (NASDAQ:GATE – Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $47.17 and last traded at $54.37, with a volume of 20761 shares changing hands. The stock had previously closed at $16.26.
Marblegate Acquisition Stock Up 256.6 %
The stock’s 50 day simple moving average is $11.16 and its 200 day simple moving average is $11.07.
Marblegate Acquisition Company Profile
Marblegate Acquisition Corp. does not have significant operations. The company focuses on effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies primarily in the education, business services, consumer products, and healthcare sectors.
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