Spring Valley Acquisition (OTCMKTS:SVSVU) Shares Up 1.4% – Here’s Why

Spring Valley Acquisition Corp. (OTCMKTS:SVSVUGet Free Report) shot up 1.4% on Wednesday . The stock traded as high as $11.25 and last traded at $11.15. 2,900 shares were traded during trading, a decline of 48% from the average session volume of 5,602 shares. The stock had previously closed at $11.00.

Spring Valley Acquisition Price Performance

The business has a 50-day simple moving average of $11.15 and a two-hundred day simple moving average of $11.15.

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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