ESGEN Acquisition (NASDAQ:ESAC) Trading Down 4.4% – Here’s What Happened

by · The Markets Daily

ESGEN Acquisition Co. (NASDAQ:ESACGet Free Report)’s share price dropped 4.4% during trading on Wednesday . The stock traded as low as $1.27 and last traded at $1.32. Approximately 46,177 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 55,041 shares. The stock had previously closed at $1.38.

ESGEN Acquisition Stock Down 3.0 %

The firm’s 50-day moving average is $2.42 and its 200 day moving average is $3.72.

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.

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