Shares of Everest Consolidator Acquisition Co. (OTCMKTS:MNTN – Get Free Report) rose 6.3% on Thursday . The company traded as high as $10.63 and last traded at $10.56. Approximately 341,719 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 950,398 shares. The stock had previously closed at $9.93.
Everest Consolidator Acquisition Stock Performance
The company has a market cap of $780.84 million, a price-to-earnings ratio of -6.82 and a beta of 0.05. The business has a fifty day moving average price of $10.41 and a 200 day moving average price of $14.27.
Everest Consolidator Acquisition Company Profile
Everest Consolidator Acquisition (OTCMKTS:MNTN) is a special purpose acquisition company (SPAC) formed as a blank?check acquisition vehicle. The company was organized to raise capital through the public markets and to identify and complete one or more business combinations, mergers or asset acquisitions with private operating companies seeking to access public equity financing.
As of now, Everest Consolidator Acquisition has not announced a definitive business combination or disclosed specific target industries, geographies or management appointments.
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