Spring Valley Acquisition (NASDAQ:SV) Reaches New 12-Month High – Here’s What Happened

Spring Valley Acquisition Corp. (NASDAQ:SVGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $22.24 and last traded at $22.00, with a volume of 26899978 shares traded. The stock had previously closed at $18.41.

Spring Valley Acquisition Price Performance

The business’s 50-day simple moving average is $11.30 and its 200-day simple moving average is $9.69.

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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