NASDAQ:MCMJ

Merida Merger Corp. I Stock Forecast, Price & News

$10.34

-0.14 (-1.34 %)

(As of 01/27/2021 12:00 AM ET)

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Today's Range

$10.19

Now: $10.34▼

$10.40

50-Day Range

$9.75

MA: $10.31▼

$10.58

52-Week Range

$8.56

Now: $10.34▼

$10.74

Volume44,552 shs

Average Volume71,357 shs

Market Capitalization$169.29 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Merida Merger Corp. I does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities in the cannabis industry. The company was founded in 2019 and is based in New York, New York.

Overall MarketRank^™

0.33 out of 5 stars

Unclassified Sector

68th out of 247 stocks

Holding & Other Investment Offices Industry

67th out of 204 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Merida Merger Corp. I.

0.0 Community Rank

Outperform Votes
Merida Merger Corp. I has received 0 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Merida Merger Corp. I has received 0 “underperform” votes. (Add your “underperform” vote.)

MarketBeat's community ratings are surveys of what our community members think about Merida Merger Corp. I and other stocks. Vote “Outperform” if you believe MCMJ will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MCMJ will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Merida Merger Corp. I does not currently pay a dividend.
Dividend Growth
Merida Merger Corp. I does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Merida Merger Corp. I insiders have not sold or bought any company stock.
Percentage Held by Institutions
73.02% of the stock of Merida Merger Corp. I is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Price to Book Value per Share Ratio
Merida Merger Corp. I has a P/B Ratio of 34.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Holding & other investment offices

Sub-IndustryN/A

SectorUnclassified

Current SymbolNASDAQ:MCMJ

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.meridacap.com

Phone917 745 7085

EmployeesN/A

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current Ratio2.42

Quick Ratio2.42

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash Flow$0.01 per share

Price / Cash Flow1,727.32

Book Value$0.30 per share

Price / Book34.47

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares16,372,000

Market Cap$169.29 million

Next Earnings DateN/A

OptionableNot Optionable

$10.34

-0.14 (-1.34 %)

(As of 01/27/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Merida Merger Corp. I (NASDAQ:MCMJ) Frequently Asked Questions

What stocks does MarketBeat like better than Merida Merger Corp. I?

Wall Street analysts have given Merida Merger Corp. I a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Merida Merger Corp. I wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Who are some of Merida Merger Corp. I's key competitors?

Some companies that are related to Merida Merger Corp. I include Apex Technology Acquisition (APXT), E.Merge Technology Acquisition (ETAC), dMY Technology Group, Inc. II (DMYD), GO Acquisition (GOAC), Silver Spike Acquisition (SSPK), Qell Acquisition (QELL), Climate Change Crisis Real Impact I Acquisition (CLII), Sports Entertainment Acquisition (SEAH), Tuscan (THCB), AEA-Bridges Impact (IMPX), Juniper Industrial (JIH), FirstMark Horizon Acquisition (FMAC), Ascendant Digital Acquisition (ACND), Equity Distribution Acquisition (EQD) and South Mountain Merger (SMMC).
View all of MCMJ's competitors.

Who are Merida Merger Corp. I's key executives?

Merida Merger Corp. I's management team includes the following people:

Mr. Peter H. L. Lee, Pres, CFO, Sec. & Director (Age 45)
Mr. Richard Sellers, Exec. VP of Mergers & Acquisition (Age 50)

What is Merida Merger Corp. I's stock symbol?

Merida Merger Corp. I trades on the NASDAQ under the ticker symbol "MCMJ."

Who are Merida Merger Corp. I's major shareholders?

Merida Merger Corp. I's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Sage Mountain Advisors LLC (0.12%).

Which major investors are buying Merida Merger Corp. I stock?

MCMJ stock was acquired by a variety of institutional investors in the last quarter, including Sage Mountain Advisors LLC.

How do I buy shares of Merida Merger Corp. I?

Shares of MCMJ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Merida Merger Corp. I's stock price today?

One share of MCMJ stock can currently be purchased for approximately $10.34.

How big of a company is Merida Merger Corp. I?

Merida Merger Corp. I has a market capitalization of $169.29 million.

What is Merida Merger Corp. I's official website?

The official website for Merida Merger Corp. I is www.meridacap.com.

How can I contact Merida Merger Corp. I?

Merida Merger Corp. I's mailing address is 641 LEXINGTON AVENUE 18TH FLOOR, NEW YORK NY, 10022. The company can be reached via phone at 917 745 7085.

This page was last updated on 1/28/2021 by MarketBeat.com Staff

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