Fold Holdings, Inc. (NASDAQ:FLD - Get Free Report)'s share price was up 1.8% during trading on Tuesday . The stock traded as high as $4.57 and last traded at $4.41. Approximately 247,728 shares changed hands during trading, an increase of 27% from the average daily volume of 195,560 shares. The stock had previously closed at $4.33.
Analysts Set New Price Targets
Several equities analysts have commented on FLD shares. Northland Capmk raised shares of Fold to a "strong-buy" rating in a research note on Tuesday, May 27th. HC Wainwright reaffirmed a "buy" rating and issued a $7.00 price objective on shares of Fold in a research note on Monday, April 14th. Finally, Northland Securities assumed coverage on shares of Fold in a research note on Tuesday, May 27th. They issued an "outperform" rating and a $10.00 price objective on the stock.
Check Out Our Latest Stock Analysis on FLD
Fold Stock Performance
The company's 50 day moving average price is $4.51 and its 200-day moving average price is $6.20. The company has a quick ratio of 2.16, a current ratio of 2.20 and a debt-to-equity ratio of 0.91.
Fold (NASDAQ:FLD - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.32).
About Fold
(
Get Free Report)
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.
Further Reading
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