Commonwealth of Pennsylvania Public School Empls Retrmt SYS Makes New $4 Million Investment 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, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 400,000 shares of the company’s stock, valued at approximately $4,000,000.

Highview Merger Stock Up 0.2%

Shares of NASDAQ HVMC opened at $10.18 on Thursday. Highview Merger Corp. has a twelve month low of $9.93 and a twelve month high of $10.15. The company has a fifty day moving average price of $10.11.

Highview Merger (NASDAQ:HVMC) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.06 earnings per share for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings initiated 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.com, the stock presently has a consensus rating of “Sell”.

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.