Stable Road Acquisition (OTCMKTS:SRACU) Shares Up 10.9% – Should You Buy?

Stable Road Acquisition Corp. (OTCMKTS:SRACUGet Free Report) shares rose 10.9% on Thursday . The company traded as high as $12.20 and last traded at $12.20. Approximately 1,800 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 5,228 shares. The stock had previously closed at $11.00.

Stable Road Acquisition Trading Up 10.9 %

The business’s fifty day moving average price is $12.20 and its 200-day moving average price is $12.20.

About Stable Road Acquisition

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Stable Road Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2019 and is based in Venice, California.

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