Commonwealth of Pennsylvania Public School Empls Retrmt SYS Takes Position in Highview Merger Corp. $HVMC

Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Highview Merger Corp. (NASDAQ:HVMC) in the 4th quarter, Holdings Channel.com reports. The fund bought 400,000 shares of the company’s stock, valued at approximately $4,000,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings began coverage on Highview Merger in a research note on Thursday, February 5th. They set a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Highview Merger currently has an average rating of “Sell”.

Highview Merger Stock Up 0.2%

HVMC opened at $10.18 on Thursday. Highview Merger Corp. has a 12 month low of $9.93 and a 12 month high of $10.15. The business’s fifty day moving average is $10.11.

Highview Merger (NASDAQ:HVMC) last released its earnings results on Thursday, May 14th. The company reported $0.06 EPS for the quarter.

Highview Merger Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.