Spring Valley Acquisition (NASDAQ:SV) Shares Down 1.3% - Time to Sell?

Key Points

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Spring Valley Acquisition Corp. (NASDAQ:SV - )'s share price fell 1.3% during mid-day trading on Monday . The company traded as low as $34.43 and last traded at $35.47. 9,087,444 shares traded hands during trading, an increase of 1,613% from the average session volume of 530,580 shares. The stock had previously closed at $35.93.

Spring Valley Acquisition Trading Down 1.3%

The business has a 50-day simple moving average of $41.27 and a 200-day simple moving average of $27.45.

Spring Valley Acquisition Company Profile

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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