ESGEN Acquisition (NASDAQ:ESAC) Shares Down 1.6% – Should You Sell?

ESGEN Acquisition Co. (NASDAQ:ESACGet Free Report)’s stock price dropped 1.6% on Tuesday . The company traded as low as $1.22 and last traded at $1.26. Approximately 109,158 shares changed hands during trading, an increase of 98% from the average daily volume of 55,041 shares. The stock had previously closed at $1.28.

ESGEN Acquisition Stock Performance

The company’s 50-day simple moving average is $1.50 and its 200-day simple moving average is $2.00.

ESGEN Acquisition Company Profile

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ESGEN Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to target opportunities in the energy and infrastructure sector in North America.

Further Reading

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