Shares of Stable Road Acquisition Corp. (OTCMKTS:SRACU – Get Free Report) shot up 10.9% during trading on Thursday . The company traded as high as $12.20 and last traded at $12.20. 1,800 shares traded hands during trading, a decline of 66% from the average session volume of 5,228 shares. The stock had previously closed at $11.00.
Stable Road Acquisition Trading Up 10.9 %
The firm has a 50-day simple moving average of $12.20 and a 200-day simple moving average of $12.20.
Stable Road Acquisition Company Profile
Stable Road Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2019 and is based in Venice, California.
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