Shares of Evergreen Co. (NASDAQ:EVGRU – Get Free Report) were up 5.1% during mid-day trading on Friday . The stock traded as high as $12.30 and last traded at $12.30. Approximately 3,200 shares traded hands during trading, an increase of 220% from the average daily volume of 1,000 shares. The stock had previously closed at $11.70.
Evergreen Stock Performance
The company’s 50 day moving average price is $11.78 and its 200-day moving average price is $11.53.
About Evergreen
Evergreen Corporation is a blank check company. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia.
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