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Spring Valley Acquisition (NASDAQ:SV) Shares Up 2.3% - Still a Buy?

Spring Valley Acquisition logo with Consumer Staples background

Spring Valley Acquisition Corp. (NASDAQ:SV - Get Free Report) shares traded up 2.3% during mid-day trading on Friday . The company traded as high as $16.60 and last traded at $15.44. 7,446,811 shares changed hands during mid-day trading, an increase of 1,304% from the average session volume of 530,580 shares. The stock had previously closed at $15.09.

Spring Valley Acquisition Stock Performance

The company has a 50 day moving average price of $16.05 and a 200 day moving average price of $20.00.

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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