Marblegate Acquisition Corp. (NASDAQ:GATE – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $47.17 and last traded at $54.37, with a volume of 20761 shares. The stock had previously closed at $16.26.
Marblegate Acquisition Price Performance
The firm has a 50-day moving average of $12.53 and a 200-day moving average of $11.54.
Marblegate Acquisition Company Profile
Marblegate Acquisition Corp. does not have significant operations. The company focuses on effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies primarily in the education, business services, consumer products, and healthcare sectors.
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