Evergreen (NASDAQ:EVGR) Shares Down 1% – Here’s What Happened

Evergreen Co. (NASDAQ:EVGRGet Free Report) fell 1% during trading on Friday . The stock traded as low as $11.95 and last traded at $11.97. 4,449 shares traded hands during trading, a decline of 78% from the average session volume of 20,023 shares. The stock had previously closed at $12.09.

Evergreen Price Performance

The company has a fifty day moving average price of $11.96 and a 200 day moving average price of $11.82. The stock has a market cap of $96.57 million and a P/E ratio of 42.74.

Institutional Investors Weigh In On Evergreen

Several institutional investors have recently bought and sold shares of the stock. Toronto Dominion Bank bought a new stake in Evergreen during the fourth quarter worth $4,134,000. Quarry LP grew its holdings in Evergreen by 2.4% during the fourth quarter. Quarry LP now owns 152,093 shares of the company’s stock worth $1,807,000 after buying an additional 3,500 shares in the last quarter. Harraden Circle Investments LLC bought a new stake in Evergreen during the fourth quarter worth $2,376,000. Mizuho Securities USA LLC grew its holdings in Evergreen by 0.8% during the fourth quarter. Mizuho Securities USA LLC now owns 418,896 shares of the company’s stock worth $4,943,000 after buying an additional 3,496 shares in the last quarter. Finally, Westchester Capital Management LLC bought a new stake in Evergreen during the third quarter worth $2,920,000. Institutional investors own 69.26% of the company’s stock.

About Evergreen

(Get Free Report)

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.

Further Reading

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