Free Trial

Marblegate Acquisition (NASDAQ:GATE) Hits New 1-Year High - Here's What Happened

Marblegate Acquisition logo with Finance, Insurance, And Real Estate background
Remove Ads

Marblegate Acquisition Corp. (NASDAQ:GATE - Get Free Report) shares 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 traded. The stock had previously closed at $16.26.

Marblegate Acquisition Stock Performance

The firm's 50 day simple moving average is $12.53 and its 200 day simple moving average is $11.55.

About Marblegate Acquisition

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Marblegate Acquisition Right Now?

Before you consider Marblegate Acquisition, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Marblegate Acquisition wasn't on the list.

While Marblegate Acquisition currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

 5 Stocks to BUY NOW in April 2025

5 Stocks to BUY NOW in April 2025

March came in like a lion, and investors are hoping April brings a gentler outlook.

Recent Videos

5 International Stocks to Escape U.S. Market Volatility
MicroStrategy’s Bold Bitcoin Bet: Genius Move or Dangerous Gamble?
5 Big Reasons the S&P 500 Could Soar in 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads