Spring Valley Acquisition (NASDAQ:SV) Sets New 1-Year High – Should You Buy?

Shares of Spring Valley Acquisition Corp. (NASDAQ:SVGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $27.14 and last traded at $24.87, with a volume of 11020057 shares trading hands. The stock had previously closed at $27.22.

Spring Valley Acquisition Price Performance

The firm has a 50-day moving average of $18.85 and a 200-day moving average of $12.82.

Spring Valley Acquisition Company Profile

(Get Free Report)

Spring Valley Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Dallas, Texas.

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