ESGEN Acquisition (NASDAQ:ESAC) Trading 0.8% Higher – Should You Buy?

ESGEN Acquisition Co. (NASDAQ:ESACGet Free Report)’s stock price traded up 0.8% during mid-day trading on Friday . The company traded as high as $1.24 and last traded at $1.22. 13,292 shares changed hands during trading, a decline of 76% from the average session volume of 55,041 shares. The stock had previously closed at $1.21.

ESGEN Acquisition Price Performance

The firm’s 50-day simple moving average is $2.35 and its 200 day simple moving average is $3.33.

About ESGEN Acquisition

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ESGEN Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to target opportunities in the energy and infrastructure sector in North America.

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