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 stock traded as high as $27.55 and last traded at $27.27, with a volume of 12898744 shares. The stock had previously closed at $23.01.

Spring Valley Acquisition Stock Down 4.7 %

The stock’s fifty day moving average price is $15.55 and its 200-day moving average price is $11.46.

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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