Everest Consolidator Acquisition (OTCMKTS:MNTN) Sets New 12-Month Low – Should You Sell?

Everest Consolidator Acquisition Co. (OTCMKTS:MNTNGet Free Report)’s share price hit a new 52-week low on Thursday . The company traded as low as $11.41 and last traded at $11.46, with a volume of 29242 shares trading hands. The stock had previously closed at $11.70.

Everest Consolidator Acquisition Trading Down 1.7%

The company has a fifty day moving average of $12.83 and a 200-day moving average of $18.09. The company has a market capitalization of $508.67 million, a price-to-earnings ratio of -8.16 and a beta of 0.05.

About Everest Consolidator Acquisition

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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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