Evergreen (NASDAQ:EVGRU) Trading Up 4.6% – Still a Buy?

Shares of Evergreen Co. (NASDAQ:EVGRUGet Free Report) were 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 Up 4.6 %

The stock has a 50-day moving average of $11.91 and a 200 day moving average 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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