Shares of East Resources Acquisition (NASDAQ:ERES – Get Free Report) were down 11.8% during trading on Wednesday . The stock traded as low as $9.01 and last traded at $9.01. Approximately 17,498 shares changed hands during trading, an increase of 24% from the average daily volume of 14,134 shares. The stock had previously closed at $10.21.
East Resources Acquisition Trading Down 11.8 %
The firm’s 50-day moving average price is $11.44 and its 200 day moving average price is $11.13.
About East Resources Acquisition
East Resources Acquisition Company does not have significant operations. The company focuses on effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify business opportunities in the field of energy in North America.
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