ESGEN Acquisition Co. (NASDAQ:ESAC – Get Free Report)’s stock price was down 1.2% during mid-day trading on Thursday. The company traded as low as $0.2432 and last traded at $0.2523. Approximately 2,403,434 shares changed hands during trading, an increase of 4,267% from the average daily volume of 55,041 shares. The stock had previously closed at $0.2554.
ESGEN Acquisition Stock Down 1.2%
The company has a fifty day simple moving average of $0.28 and a 200 day simple moving average of $0.66.
About ESGEN Acquisition
ESGEN Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and combine with a business operating in the energy transition, sustainability, or related environmental, social and governance-focused sectors. Unlike an operating company, ESGEN Acquisition did not manufacture products or provide services directly before completing a business combination.
The company evaluated potential acquisition targets with activities connected to clean energy, decarbonization, renewable power, energy efficiency, and other sustainability-oriented technologies.
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