Evergreen (NASDAQ:EVGRU) Trading 4.6% Higher – Here’s What Happened

Evergreen Co. (NASDAQ:EVGRUGet Free Report)’s share price was up 4.6% during trading on Wednesday . The company traded as high as $12.30 and last traded at $12.30. Approximately 1,644 shares changed hands during mid-day trading, an increase of 27% from the average daily volume of 1,294 shares. The stock had previously closed at $11.76.

Evergreen Stock Performance

The firm has a fifty day moving average price of $11.93 and a 200 day moving average price of $11.63.

About Evergreen

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Evergreen Corporation is a blank check company. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia.

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