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Spring Valley Acquisition (NASDAQ:SV) Trading 1.4% Higher - Should You Buy?

Spring Valley Acquisition logo with Consumer Staples background

Spring Valley Acquisition Corp. (NASDAQ:SV - Get Free Report)'s share price rose 1.4% during mid-day trading on Tuesday . The company traded as high as $24.56 and last traded at $24.52. Approximately 7,185,598 shares traded hands during mid-day trading, an increase of 1,254% from the average daily volume of 530,580 shares. The stock had previously closed at $24.17.

Spring Valley Acquisition Price Performance

The business's fifty day simple moving average is $17.17 and its 200-day simple moving average is $20.35.

About Spring Valley Acquisition

(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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