Spring Valley Acquisition (NASDAQ:SV) Hits New 1-Year High – Time to Buy?

Spring Valley Acquisition Corp. (NASDAQ:SVGet Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as $19.07 and last traded at $17.81, with a volume of 17740191 shares traded. The stock had previously closed at $18.96.

Spring Valley Acquisition Stock Performance

The firm’s 50-day simple moving average is $10.16 and its 200-day simple moving average is $9.14.

About Spring Valley Acquisition

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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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