Platinum Eagle Acquisition (OTCMKTS:EAGLU) Stock Price Up 1% – Still a Buy?

Shares of Platinum Eagle Acquisition Corp. (OTCMKTS:EAGLU – Get Free Report) rose 1% during mid-day trading on Wednesday. The company traded as high as $10.30 and last traded at $10.30. 500 shares changed hands during trading, a decline of 95% from the average session volume of 9,813 shares. The stock had previously closed at $10.20.

Platinum Eagle Acquisition Stock Up 1.0%

The stock’s 50-day moving average price is $10.30 and its 200 day moving average price is $10.30.

About Platinum Eagle Acquisition

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Platinum Eagle Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating companies. As a blank-check company, it did not have significant independent operating activities, products or services before completing a transaction.

The company was sponsored by an affiliate of Platinum Eagle Acquisition LLC and focused on pursuing an acquisition or merger in the business services and related sectors. Its securities included units that traded under the symbol EAGLU.

In 2019, Platinum Eagle Acquisition Corp.

Further Reading

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