Spring Valley Acquisition (NASDAQ:SV) Reaches New 1-Year High – Still a Buy?

Spring Valley Acquisition Corp. (NASDAQ:SVGet Free Report) shares hit a new 52-week high on Monday . The company traded as high as $25.08 and last traded at $23.49, with a volume of 15665709 shares changing hands. The stock had previously closed at $24.49.

Spring Valley Acquisition Stock Up 7.5 %

The company has a 50 day moving average of $13.82 and a 200 day moving average of $10.80.

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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