Shares of East Resources Acquisition (NASDAQ:ERES – Get Free Report) fell 1.6% during trading on Thursday . The company traded as low as $9.85 and last traded at $9.98. 36,907 shares were traded during trading, an increase of 161% from the average session volume of 14,134 shares. The stock had previously closed at $10.14.
East Resources Acquisition Price Performance
The company’s 50-day simple moving average is $9.68 and its 200-day simple moving average is $10.81.
About East Resources Acquisition
East Resources Acquisition Company does not have significant operations. The company focuses on effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify business opportunities in the field of energy in North America.
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