ESH Acquisition (NASDAQ:ESHA) Trading Up 1.2% – Still a Buy?

Shares of ESH Acquisition Corp. (NASDAQ:ESHA) were up 1.2% during mid-day trading on Wednesday . The stock traded as high as $11.93 and last traded at $12.01. Approximately 813 shares changed hands during trading, a decline of 43% from the average daily volume of 1,429 shares. The stock had previously closed at $11.87.

Analyst Ratings Changes

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

ESH Acquisition Price Performance

The stock’s 50 day simple moving average is $12.01 and its two-hundred day simple moving average is $11.98.

ESH Acquisition Company Profile

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.