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SilverBox Engaged Merger Corp I (NASDAQ:SBEA) Stock Price Up 2.6% - Time to Buy?

SilverBox Engaged Merger Corp I logo with background

SilverBox Engaged Merger Corp I (NASDAQ:SBEA - Get Free Report) shares rose 2.6% during mid-day trading on Friday . The company traded as high as $1.65 and last traded at $1.57. Approximately 1,397,233 shares were traded during trading, an increase of 36% from the average daily volume of 1,027,737 shares. The stock had previously closed at $1.53.

SilverBox Engaged Merger Corp I Price Performance

The firm has a fifty day simple moving average of $2.08 and a two-hundred day simple moving average of $2.86.

SilverBox Engaged Merger Corp I Company Profile

(Get Free Report)

SilverBox Engaged Merger Corp I, a blank check company, intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2020 and is based in Austin, Texas.

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