Market cap of Monterey Capital Acquisition Corp [MCAC] reaches 85.71M – now what?

Monterey Capital Acquisition Corp [NASDAQ: MCAC] slipped around -0.42 points on Tuesday, while shares priced at $9.07 at the close of the session, down -4.43%.

Compared to the average trading volume of 44.26K shares, MCAC reached a trading volume of 5586135 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about Monterey Capital Acquisition Corp [MCAC]?

The Average True Range (ATR) for Monterey Capital Acquisition Corp is set at 0.27 The Price to Book ratio for the last quarter was 2.18, with the Price to Cash per share for the same quarter was set at 0.00.

How has MCAC stock performed recently?

Monterey Capital Acquisition Corp [MCAC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -19.73. With this latest performance, MCAC shares dropped by -19.73% in over the last four-week period, additionally sinking by -14.35% over the last 6 months – not to mention a drop of -8.29% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MCAC stock in for the last two-week period is set at 3.68, with the RSI for the last a single of trading hit 2.20, and the three-weeks RSI is set at 5.48 for Monterey Capital Acquisition Corp [MCAC]. The present Moving Average for the last 50 days of trading for this stock 11.19, while it was recorded at 10.47 for the last single week of trading, and 10.77 for the last 200 days.

Monterey Capital Acquisition Corp [MCAC]: Deeper insight into the fundamentals

Monterey Capital Acquisition Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.00 and a Current Ratio set at 0.00.

Insider trade positions for Monterey Capital Acquisition Corp [MCAC]

The top three institutional holders of MCAC stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in MCAC stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in MCAC stock with ownership which is approximately 5.1238%.