Should You Invest in FTAC Emerald Acquisition Corp (FLD) Now?

The 36-month beta value for FLD is at 0.03.

The public float for FLD is 4.26M, and currently, shorts hold a 0.53% of that float. The average trading volume for FLD on December 05, 2024 was 68.69K shares.

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FLD) stock’s latest price update

FTAC Emerald Acquisition Corp (NASDAQ: FLD) has seen a rise in its stock price by 0.98 in relation to its previous close of 11.19. However, the company has experienced a 1.07% gain in its stock price over the last five trading sessions.

FLD’s Market Performance

FTAC Emerald Acquisition Corp (FLD) has experienced a 1.07% rise in stock performance for the past week, with a 3.67% rise in the past month, and a 4.34% rise in the past quarter. The volatility ratio for the week is 1.21%, and the volatility levels for the past 30 days are at 0.76% for FLD. The simple moving average for the past 20 days is 2.03% for FLD’s stock, with a 5.04% simple moving average for the past 200 days.

FLD Trading at 3.28% from the 50-Day Moving Average

After a stumble in the market that brought FLD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.31% of loss for the given period.

Volatility was left at 0.76%, however, over the last 30 days, the volatility rate increased by 1.21%, as shares surge +3.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.39% upper at present.

During the last 5 trading sessions, FLD rose by +1.07%, which changed the moving average for the period of 200-days by +7.06% in comparison to the 20-day moving average, which settled at $11.07. In addition, FTAC Emerald Acquisition Corp saw 7.11% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for FLD

The total capital return value is set at -0.08. Equity return is now at value -1.22, with -1.11 for asset returns.

Based on FTAC Emerald Acquisition Corp (FLD), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -0.9. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -18.48.

Currently, EBITDA for the company is -3.73 million with net debt to EBITDA at -256.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.02.

Conclusion

In conclusion, FTAC Emerald Acquisition Corp (FLD) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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