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HC Wainwright Reiterates "Buy" Rating for FTAC Emerald Acquisition (NASDAQ:FLD)

FTAC Emerald Acquisition Corp. logo

HC Wainwright reiterated their buy rating on shares of FTAC Emerald Acquisition (NASDAQ:FLD - Free Report) in a report published on Monday morning,Benzinga reports. They currently have a $7.00 target price on the stock.

FTAC Emerald Acquisition Stock Performance

FLD stock traded up $0.59 during trading on Monday, hitting $3.84. The company had a trading volume of 307,401 shares, compared to its average volume of 126,076. FTAC Emerald Acquisition has a 12 month low of $2.51 and a 12 month high of $14.00. The firm has a 50-day moving average price of $6.55 and a 200-day moving average price of $9.49.

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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