Spring Valley Acquisition (NASDAQ:SV) Sets New 52-Week High – Should You Buy?

Shares of Spring Valley Acquisition Corp. (NASDAQ:SVGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $29.19 and last traded at $26.34, with a volume of 8550516 shares trading hands. The stock had previously closed at $28.06.

Spring Valley Acquisition Stock Performance

The business has a 50-day simple moving average of $17.01 and a 200-day simple moving average of $12.07.

Spring Valley Acquisition Company Profile

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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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