Monterey Capital Acquisition (MCACU) Stock Price, News & Analysis

Company Overview

Monterey Capital Acquisition Corp. is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and to identify and complete a business combination with one or more operating businesses. The company’s units trade on the OTC Markets under the ticker MCACU. As a blank check vehicle, Monterey Capital Acquisition holds the proceeds of its IPO in trust until it can execute a qualifying merger or acquisition.

To date, Monterey Capital Acquisition has not announced a definitive target or completed a business combination. Like other SPACs, it has a finite period—typically 18 to 24 months—to finalize a merger; if no transaction is consummated within that timeframe (or any extensions granted by shareholders), the company will liquidate and return trust funds to public investors.

The management team of Monterey Capital Acquisition comprises investment professionals with backgrounds in corporate finance, capital markets and mergers and acquisitions. An independent board oversees the SPAC’s search and diligence process, safeguarding the interests of public shareholders until a transaction is approved and the post-combination operating company is formed.

Key Stats

• Today's Range: $5.22 to $7.67
• 50-Day Range: $5.22 to $5.22
• 52-Week Range: $5.22 to $12.08
• Volume: 2,600 shs
• Average Volume: 3,367 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

MCACU Stock Analysis - Frequently Asked Questions

How have MCACU shares performed this year?

Monterey Capital Acquisition's stock was trading at $5.22 at the beginning of the year. Since then, MCACU shares have increased by 0.0% and is now trading at $5.22.

How do I buy shares of Monterey Capital Acquisition?

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

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Financial Services
• Industry: Shell Companies
• Sub-Industry: Construction
• Current Symbol: OTCMKTS:MCACU
• CIK: 1895249
• Web: mcacquisition.com
• Phone: 831-649-7388
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A