Shares of Monterey Capital Acquisition Co. (OTCMKTS:MCACU – Get Free Report) traded down 51.1% on Wednesday . The stock traded as low as $5.22 and last traded at $5.22. 2,600 shares were traded during mid-day trading, a decline of 23% from the average session volume of 3,367 shares. The stock had previously closed at $10.67.
Monterey Capital Acquisition Trading Down 51.1 %
The business’s fifty day simple moving average is $5.22 and its 200-day simple moving average is $8.59.
About Monterey Capital Acquisition
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.
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