Energem Corp. (NASDAQ:ENCP – Get Free Report)’s share price rose 2.9% during mid-day trading on Tuesday . The stock traded as high as $7.45 and last traded at $7.44. Approximately 26,278 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 77,740 shares. The stock had previously closed at $7.23.
Energem Stock Performance
The company’s fifty day moving average price is $8.40 and its 200-day moving average price is $10.35. The stock has a market cap of $25.32 million, a P/E ratio of 124.00 and a beta of -0.12.
About Energem
Energem Corp. does not have significant operations. The company focuses on effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus a target business operating in the oil and gas and other potential renewable energy business, as well as other adjacent services, including industrials and technologies.
Read More
- Five stocks we like better than Energem
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Garmin Navigates to New Highs Driven By Wearables Trend
- 3 Small Caps With Big Return Potential
- Pinterest Prospers From AI Boosting Shop-Ability and Relevance
- Technology Stocks Explained: Here’s What to Know About Tech
- AbbVie Tracking for New Highs in 2024
Receive News & Ratings for Energem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energem and related companies with MarketBeat.com's FREE daily email newsletter.
