ArcLight Clean Transition (OTCMKTS:ACTCU) Shares Down 5.5% – Time to Sell?

Shares of ArcLight Clean Transition Corp. (OTCMKTS:ACTCUGet Free Report) dropped 5.5% on Friday . The company traded as low as $21.20 and last traded at $21.20. Approximately 3,100 shares were traded during trading, a decline of 97% from the average daily volume of 88,985 shares. The stock had previously closed at $22.44.

ArcLight Clean Transition Stock Performance

The firm’s 50 day moving average is $21.20 and its 200 day moving average is $21.20.

ArcLight Clean Transition Company Profile

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ArcLight Clean Transition Corp. does not have significant operations. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Boston, Massachusetts.

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