Shares of Everest Consolidator Acquisition Co. (OTCMKTS:MNTN – Get Free Report) were up 6.3% during mid-day trading on Thursday . The stock traded as high as $10.63 and last traded at $10.56. Approximately 341,719 shares changed hands during 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 Up 7.6%
The company has a 50 day moving average of $10.46 and a two-hundred day moving average of $14.38. The firm has a market cap of $788.96 million, a P/E ratio of -6.89 and a beta of 0.05.
About Everest Consolidator Acquisition
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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