Evergreen (NASDAQ:EVGRU) Shares Up 4.6% – Still a Buy?

Evergreen Co. (NASDAQ:EVGRUGet Free Report)’s stock price rose 4.6% during trading on Wednesday . The company traded as high as $12.30 and last traded at $12.30. Approximately 1,644 shares were traded during trading, an increase of 27% from the average daily volume of 1,294 shares. The stock had previously closed at $11.76.

Evergreen Price Performance

The company has a 50 day moving average of $11.93 and a two-hundred day moving average of $11.63.

About Evergreen

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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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