Spring Valley Acquisition Corp. (NASDAQ:SV) went up by 10.46% from its latest closing price compared to the recent 1-year high of $12.27. The company’s stock price has collected 2.39% of gains in the last five trading sessions. Press Release reported 2 hours ago that AeroFarms and Spring Valley Acquisition Corp. Mutually Agree to Terminate Business Combination Agreement
Is It Worth Investing in Spring Valley Acquisition Corp. (NASDAQ :SV) Right Now?
Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Spring Valley Acquisition Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $20.00. SV currently public float of 20.45M and currently shorts hold a 2.64% ratio of that float. Today, the average trading volume of SV was 214.30K shares.
SV’s Market Performance
SV stocks went up by 2.39% for the week, with a monthly drop of -1.53% and a quarterly performance of -10.10%. The volatility ratio for the week stands at 3.47% while the volatility levels for the past 30 days are set at 4.42% for Spring Valley Acquisition Corp.. The simple moving average for the period of the last 20 days is 6.23% for SV stocks with a simple moving average of -1.14% for the last 200 days.
Analysts’ Opinion of SV
Many brokerage firms have already submitted their reports for SV stocks, with Lake Street repeating the rating for SV by listing it as a “Buy.” The predicted price for SV in the upcoming period, according to Lake Street is $20 based on the research report published on June 15th of the current year 2021.
SV Trading at 4.43% from the 50-Day Moving Average
After a stumble in the market that brought SV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.07% of loss for the given period.
Volatility was left at 4.42%, however, over the last 30 days, the volatility rate increased by 3.47%, as shares surge +1.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.39% lower at present.
During the last 5 trading sessions, SV rose by +10.22%, which changed the moving average for the period of 200-days by -2.94% in comparison to the 20-day moving average, which settled at $9.36. In addition, Spring Valley Acquisition Corp. saw -11.17% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SV
The liquidity ratio also appears to be rather interesting for investors as it stands at 42.93.