Fold Holdings, Inc. (NASDAQ:FLD - Get Free Report)'s share price traded down 2% during trading on Friday . The stock traded as low as $4.41 and last traded at $4.50. 958,770 shares were traded during mid-day trading, an increase of 401% from the average session volume of 191,394 shares. The stock had previously closed at $4.59.
Analyst Ratings Changes
Several equities analysts have weighed in on FLD shares. Northland Capmk raised Fold to a "strong-buy" rating in a report on Tuesday, May 27th. Northland Securities started coverage on Fold in a research report on Tuesday, May 27th. They set an "outperform" rating and a $10.00 price target on the stock. Finally, HC Wainwright reiterated a "buy" rating and set a $7.00 price target on shares of Fold in a research note on Monday, April 14th.
Read Our Latest Stock Report on FLD
Fold Stock Performance
The stock's 50 day moving average is $4.24 and its 200 day moving average is $7.36. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.16 and a current ratio of 2.20.
Fold (NASDAQ:FLD - Get Free Report) last issued its earnings results on Thursday, May 15th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.32).
Fold Company Profile
(
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.
Read More
Before you consider Fold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fold wasn't on the list.
While Fold currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
