Shares of Everest Consolidator Acquisition Co. (OTCMKTS:MNTN – Get Free Report) rose 6.3% during trading on Thursday . The company traded as high as $10.63 and last traded at $10.56. Approximately 341,719 shares traded hands 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 firm has a market cap of $788.96 million, a P/E ratio of -6.89 and a beta of 0.05. The firm has a fifty day moving average of $10.46 and a 200-day moving average of $14.38.
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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