NASDAQ:MCMJ - Common Stock
The current stock price of MCMJ is 6.53 null. In the past month the price decreased by -34.63%. In the past year, price decreased by -38.97%.
Merida Merger Corp.I operates as a development stage company. The company is headquartered in New York City, New York. The company went IPO on 2019-11-05. I is a blank check company. The firm is formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The firm intends to identify, acquire and assist in the growth of a business in the legal cannabis industry. The firm has conducted no operations and has generated no revenues.
MERIDA MERGER CORP I
641 Lexington Avenue, 18Th Floor
New York City NEW YORK 10022 US
CEO: Mitchell Baruchowitz
Employees: 0
Phone: 12128188638.0
The current stock price of MCMJ is 6.53 null. The price increased by 1.56% in the last trading session.
The exchange symbol of MERIDA MERGER CORP I is MCMJ and it is listed on the Nasdaq exchange.
MCMJ stock is listed on the Nasdaq exchange.
7 analysts have analysed MCMJ and the average price target is 15.3 null. This implies a price increase of 134.3% is expected in the next year compared to the current price of 6.53. Check the MERIDA MERGER CORP I stock analysts ratings, price target forecast and up-and down grades for more detailed information.
MERIDA MERGER CORP I (MCMJ) has a market capitalization of 106.91M null. This makes MCMJ a Micro Cap stock.
MERIDA MERGER CORP I (MCMJ) currently has 0 employees.
MERIDA MERGER CORP I (MCMJ) has a resistance level at 9.91. Check the full technical report for a detailed analysis of MCMJ support and resistance levels.
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
MCMJ does not pay a dividend.
MERIDA MERGER CORP I (MCMJ) does not have a PE ratio as the earnings reported over the last twelve months were negative (-0.42).
ChartMill assigns a fundamental rating of 1 / 10 to MCMJ. MCMJ has a bad profitability rating. Also its financial health evaluation is rather negative.
Over the last trailing twelve months MCMJ reported a non-GAAP Earnings per Share(EPS) of -0.42. The EPS decreased by -7423.97% compared to the year before.
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | N/A | ||
ROA | -4.8% | ||
ROE | N/A | ||
Debt/Equity | 0 |
7 analysts have analysed MCMJ and the average price target is 15.3 null. This implies a price increase of 134.3% is expected in the next year compared to the current price of 6.53.