Investment analysts at HC Wainwright initiated coverage on shares of FTAC Emerald Acquisition (NASDAQ:FLD - Get Free Report) in a report issued on Monday, MarketBeat.com reports. The firm set a "buy" rating and a $7.00 price target on the stock. HC Wainwright's price target suggests a potential upside of 160.22% from the company's previous close. HC Wainwright also issued estimates for FTAC Emerald Acquisition's Q1 2025 earnings at ($0.10) EPS, Q2 2025 earnings at ($0.05) EPS, Q3 2025 earnings at ($0.03) EPS, Q4 2025 earnings at $0.02 EPS and FY2025 earnings at ($0.13) EPS.
FTAC Emerald Acquisition Stock Performance
Shares of FTAC Emerald Acquisition stock traded down $1.31 during mid-day trading on Monday, hitting $2.69. The stock had a trading volume of 1,721,293 shares, compared to its average volume of 115,281. The firm has a 50-day moving average of $7.18 and a two-hundred day moving average of $9.69. FTAC Emerald Acquisition has a 12-month low of $2.51 and a 12-month high of $14.00.
FTAC Emerald Acquisition Company Profile
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FTAC Emerald Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, and similar business combination with one or more businesses or assets operating in the clean/renewable energy, water sustainability, agricultural technology, shared economy software, and mobility sectors.
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