ESH Acquisition (NASDAQ:ESHA) Stock Price Up 0.2% – Here’s What Happened

ESH Acquisition Corp. (NASDAQ:ESHA) was up 0.2% during mid-day trading on Friday . The stock traded as high as $12.27 and last traded at $12.15. Approximately 5,726 shares were traded during trading, a decline of 88% from the average daily volume of 48,490 shares. The stock had previously closed at $12.12.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of ESH Acquisition in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, ESH Acquisition currently has a consensus rating of “Sell”.

ESH Acquisition Stock Performance

The business has a 50 day simple moving average of $12.53 and a 200-day simple moving average of $11.73.

ESH Acquisition (NASDAQ:ESHA) last posted its quarterly earnings data on Saturday, November 15th. The company reported ($0.21) earnings per share for the quarter.

About ESH Acquisition

ESH Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets in the sports, hospitality, and music and entertainment sectors. The company was incorporated in 2021 and is based in New York, New York.