Evergreen (NASDAQ:EVGRU) Trading Up 5.1% – What’s Next?

Shares of Evergreen Co. (NASDAQ:EVGRUGet Free Report) traded up 5.1% during trading on Friday . The stock traded as high as $12.30 and last traded at $12.30. 3,200 shares changed hands during trading, an increase of 220% from the average session volume of 1,000 shares. The stock had previously closed at $11.70.

Evergreen Price Performance

The business’s 50-day moving average is $11.78 and its 200 day moving average is $11.53.

About Evergreen

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Evergreen Corporation is a blank check company. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia.

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