FTAC Emerald Acquisition Corp (NASDAQ:FLD) does about 33.96K shares in volume on a normal day but saw 1584149 shares change hands in the recent trading day. The company now has a market cap of 168.19M USD. Its current market price is $11.35, marking an increase of 3.28% compared to the previous close of $10.99. The 52 week high reached by this stock is $11.40 whilst the lowest price level in 52 weeks is $10.41.
FTAC Emerald Acquisition Corp (FLD) has a 20-day trading average at $10.94 and the current price is -0.44% off the 52-week high compared with 9.03% distance from its 52-week low. The 50-day simple moving average of the closing price is $10.87 and its 200-day simple moving average is $10.73. If we look at the stock’s price movements over the week, volatility stands at 1.11%, which decreases to 0.43% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 92.44 to suggest the stock is overbought.
The current price level is 3.77%, 4.37%, and 5.77% away from its SMA20, SMA50, and SMA200 respectively, with the FLD price moving above the 50-day SMA on current market day. FTAC Emerald Acquisition Corp (FLD) stock is up 3.65% over the week and 4.46% over the past month. Its price is 7.58% year-to-date and 8.72% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 25.22M with insiders holding 66.84% of the shares and institutional holders owning 34.48% of the company’s common stock. The company has a return on investment of -2.70% and return on equity of -1.22%. The beta has a value of 0.02. Price to book ratio is 3.65.
