ESH Acquisition (NASDAQ:ESHA) Shares Up 0.2% – Here’s What Happened

ESH Acquisition Corp. (NASDAQ:ESHA)’s share price rose 0.2% on Friday . The stock traded as high as $12.27 and last traded at $12.15. Approximately 5,726 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 48,490 shares. The stock had previously closed at $12.12.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of ESH Acquisition in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

ESH Acquisition Trading Up 0.2%

The stock’s fifty day moving average is $12.53 and its 200 day moving average is $11.72.

ESH Acquisition (NASDAQ:ESHA) last posted its earnings results on Saturday, November 15th. The company reported ($0.21) earnings per share for the quarter.

About ESH Acquisition

ESH Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets in the sports, hospitality, and music and entertainment sectors. The company was incorporated in 2021 and is based in New York, New York.