Everest Consolidator Acquisition Co. (OTCMKTS:MNTN – Get Free Report) was down 3.7% during mid-day trading on Thursday . The company traded as low as $7.75 and last traded at $7.88. Approximately 895,429 shares were traded during trading, an increase of 56% from the average daily volume of 572,653 shares. The stock had previously closed at $8.18.
Everest Consolidator Acquisition Stock Down 3.7%
The company’s fifty day simple moving average is $11.53 and its two-hundred day simple moving average is $16.67. The company has a market capitalization of $348.55 million, a price-to-earnings ratio of -5.59 and a beta of 0.05.
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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