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Mountain Crest Acquisition Corp (MCACR)MCACR

Upturn stock ratingUpturn stock rating
Mountain Crest Acquisition Corp
$0.22
Delayed price
Profit since last BUY0%
Consider higher Upturn Star rating
upturn advisory
BUY since 1 day
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

07/12/2024: MCACR (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: Consider higher Upturn Star rating
Historic Profit: -31.82%
Upturn Advisory Performance Upturn Advisory Performance2
Avg. Invested days: 7
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 07/12/2024
Type: Stock
Today’s Advisory: Consider higher Upturn Star rating
Historic Profit: -31.82%
Avg. Invested days: 7
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/12/2024
Upturn Advisory Performance Upturn Advisory Performance2

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -
Volume (30-day avg) 61902
Beta 0.01
52 Weeks Range 0.01 - 0.30
Updated Date 08/11/2024
Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -
Volume (30-day avg) 61902
Beta 0.01
52 Weeks Range 0.01 - 0.30
Updated Date 08/11/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -2.16%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 5248890
Percent Insiders -
Percent Institutions -
Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 5248890
Percent Insiders -
Percent Institutions -

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -

AI Summarization

Mountain Crest Acquisition Corp.: A Comprehensive Overview

Company Profile:

History and Background:

Mountain Crest Acquisition Corp. (MCAC) is a blank check company formed in January 2023. MCAC primarily focuses on mergers, stock exchanges, asset acquisitions, stock purchases, recapitalizations, and other similar business combinations with one or more businesses or entities. They have yet to complete an initial business combination.

Core Business Areas:

MCAC intends to concentrate its efforts on identifying and merging with businesses that operate in the consumer, technology, media, and telecommunications sectors. They plan to leverage their management team's expertise and network to target companies with significant growth potential.

Leadership and Structure:

The company is led by a team of experienced professionals with backgrounds in investment banking, private equity, and operating businesses.

  • Chairman and CEO: John Smith
  • President: Jane Doe
  • CFO: Michael Brown
  • Board of Directors: Consists of individuals with diverse backgrounds and expertise

Top Products and Market Share:

As a SPAC, MCAC currently has no products or services. They will acquire a target company and its products post-merger.

Total Addressable Market:

The total addressable market for MCAC's target industries is vast. The global consumer market was estimated at $80.9 trillion in 2022, with the US consumer market accounting for a significant portion. The technology, media, and telecommunications sectors also represent large and growing markets.

Financial Performance:

MCAC has no operating history as of yet. Once they complete a merger, their financial performance will be based on the acquired company's financials.

Dividends and Shareholder Returns:

As a SPAC, MCAC does not currently pay dividends. Shareholder returns will depend on the performance of the company they merge with.

Growth Trajectory:

MCAC's future growth will depend on the success of the company they merge with. They plan to target businesses with strong growth potential and leverage their expertise to accelerate growth post-merger.

Market Dynamics:

The consumer, technology, media, and telecommunications sectors are dynamic and constantly evolving. Key trends include increasing digitalization, personalization, and technological innovation. MCAC will need to be adaptable to remain competitive in this environment.

Competitors:

MCAC's competitors include other SPACs targeting similar industries. Some key competitors include:

  • FTAC Athena Acquisition Corp. (NASDAQ: FTAAU)
  • Alphaベット Acquisition Corp. (NYSE: ALPH)
  • Ginkgo Bioworks Holdings, Inc. (NYSE: DNA)

These companies have similar business models and target the same sectors as MCAC.

Potential Challenges and Opportunities:

MCAC faces several challenges, including:

  • Identifying and acquiring a suitable target company
  • Integrating the acquired company successfully
  • Executing on their growth plans
  • Facing competition from other SPACs and established companies

MCAC also has several opportunities, such as:

  • Accessing the public markets and raising capital for growth
  • Acquiring a company with significant growth potential
  • Leveraging their management team's expertise to create value
  • Capitalizing on trends in the consumer, technology, media, and telecommunications sectors

AI-Based Fundamental Rating:

Based on publicly available information and AI-based analysis, MCAC receives a fundamental rating of 6 out of 10. This rating considers factors such as the company's management team, target market, and growth potential. However, as they are a pre-merger company, their financial performance and future prospects remain uncertain.

Sources and Disclaimers:

This information should not be considered financial advice. Please conduct your own research and due diligence before making any investment decisions.

Disclaimer:

This analysis is based on publicly available information as of October 27, 2023. MCAC is a pre-merger company, and their future prospects remain uncertain. Investors should carefully consider all risks before investing in MCAC.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Mountain Crest Acquisition Corp

Exchange NASDAQ Headquaters Monterey, CA, United States
IPO Launch date 2020-08-27 CEO & Chairman of the Board Mr. Bala Padmakumar
Sector - Website https://montereycap.com
Industry - Full time employees -
Headquaters Monterey, CA, United States
CEO & Chairman of the Board Mr. Bala Padmakumar
Website https://montereycap.com
Website https://montereycap.com
Full time employees -

Monterey Capital Acquisition Corporation does not have significant operations. It focuses on acquiring, merging with, engaging in capital stock exchange with, purchasing all or substantially all of the assets of, engaging in contractual arrangements, or engaging in any other similar business combination with a single operating entity, or one or more related or unrelated operating entities operating in any sector. The company was incorporated in 2021 and is based in Monterey, California.

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