Everest Consolidator Acquisition (OTCMKTS:MNTN) Stock Price Up 5.8% - What's Next?

Everest Consolidator Acquisition Co. (OTCMKTS:MNTN - Get Free Report)'s stock price traded up 5.8% on Wednesday . The company traded as high as $21.30 and last traded at $21.04. 736,905 shares traded hands during trading, a decline of 10% from the average session volume of 817,694 shares. The stock had previously closed at $19.88.

Everest Consolidator Acquisition Trading Down 6.8%

The company's 50-day moving average is $11.34 and its two-hundred day moving average is $10.49.

Insider Transactions at Everest Consolidator Acquisition

In other Everest Consolidator Acquisition news, COO Christopher Lee Innes sold 176,933 shares of the business's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $16.00, for a total transaction of $2,830,928.00. Following the completion of the sale, the chief operating officer now directly owns 299,333 shares in the company, valued at $4,789,328. The trade was a 37.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Inc/De Qualcomm sold 412,500 shares of the business's stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $16.00, for a total transaction of $6,600,000.00. The disclosure for this sale can be found here. Insiders sold 2,594,665 shares of company stock worth $41,514,640 over the last three months. 60.30% of the stock is currently owned by company insiders.

Everest Consolidator Acquisition Company Profile

Everest Consolidator Acquisition Corporation does not have significant operations. The company intends to a effect merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It focuses on identifying businesses in the financial services sector.