ESGEN Acquisition Co. (NASDAQ:ESAC – Get Free Report)’s share price traded down 3.2% during trading on Wednesday . The company traded as low as $4.90 and last traded at $4.98. 4,131 shares were traded during mid-day trading, a decline of 92% from the average session volume of 55,041 shares. The stock had previously closed at $5.14.
ESGEN Acquisition Stock Performance
The business has a 50 day moving average of $7.00 and a two-hundred day moving average of $9.80.
Hedge Funds Weigh In On ESGEN Acquisition
A number of institutional investors have recently modified their holdings of the company. Shaolin Capital Management LLC increased its stake in ESGEN Acquisition by 200.0% during the 3rd quarter. Shaolin Capital Management LLC now owns 250,000 shares of the company’s stock valued at $2,790,000 after purchasing an additional 500,000 shares in the last quarter. Meteora Capital LLC acquired a new position in shares of ESGEN Acquisition during the third quarter valued at about $1,448,000. Wolverine Asset Management LLC increased its position in shares of ESGEN Acquisition by 969.7% during the fourth quarter. Wolverine Asset Management LLC now owns 84,210 shares of the company’s stock worth $948,000 after acquiring an additional 76,338 shares in the last quarter. Clear Street LLC raised its holdings in shares of ESGEN Acquisition by 3,433.7% in the 4th quarter. Clear Street LLC now owns 61,203 shares of the company’s stock worth $689,000 after acquiring an additional 59,471 shares during the last quarter. Finally, Radcliffe Capital Management L.P. bought a new position in ESGEN Acquisition in the 3rd quarter valued at about $569,000. 26.23% of the stock is owned by institutional investors and hedge funds.
ESGEN Acquisition Company Profile
ESGEN Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to target opportunities in the energy and infrastructure sector in North America.
Read More
- Five stocks we like better than ESGEN Acquisition
- What Are Dividend Challengers?
- 3 Stocks Leading the U.S. Agriculture Comeback
- Quiet Period Expirations Explained
- How to Use Put Debit Spreads to Profit From Falling Stocks
- Financial Services Stocks Investing
- Alphabet Changes the Narrative with Its First-Ever Dividend
Receive News & Ratings for ESGEN Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ESGEN Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
