Ftac Emerald Acquisition Stock Today
| FLD Stock | 11.29 0.09 0.79% |
Performance12 of 100
| Odds Of DistressLess than 19
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FTAC Emerald is trading at 11.29 as of the 27th of November 2024, a 0.79% down since the beginning of the trading day. The stock's lowest day price was 11.22. FTAC Emerald has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. FTAC Emerald symbol was changed from EMLD on 2nd of August 2024. Equity ratings for FTAC Emerald Acquisition are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of December 2023 and ending today, the 27th of November 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 9th of February 2022 | Category Financial Services | Classification Industrials |
FTAC Emerald is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 14.35 M outstanding shares of which 41.17 K shares are currently shorted by investors with about 3.03 days to cover. More on FTAC Emerald Acquisition
Moving against FTAC Stock
FTAC Stock Highlights
| Older Symbol | EMLD | |||||||||||||||||||||||||||||||||||||||||||||
| President CEO | Bracebridge Young | |||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Construction Machinery & Heavy Transportation Equipment, Shell Companies, Financial Services, NASDAQ Composite, Industrials, Machinery, Shell Companies, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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| FTAC Emerald can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand FTAC Emerald's financial leverage. It provides some insight into what part of FTAC Emerald's total assets is financed by creditors. | ||||||||||||||||||||||||||||||||||||||||||||||
FTAC Emerald Acquisition (FLD) is traded on NASDAQ Exchange in USA. It is located in 2929 Arch Street, Philadelphia, PA, United States, 19104 and employs 2 people. FTAC Emerald Acquisition was previously known as FTAC Emerald Acquisition and was traded on NASDAQ Exchange under the symbol EMLD. FTAC Emerald is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 155.26 M. FTAC Emerald Acquisition runs under Machinery sector within Industrials industry. The entity has 14.35 M outstanding shares of which 41.17 K shares are currently shorted by investors with about 3.03 days to cover.
FTAC Emerald generates negative cash flow from operations
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Ownership AllocationThe market capitalization of FTAC Emerald Acquisition is USD155.26 Million. FTAC Emerald Acquisition owns majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 66.84 % of FTAC Emerald Acquisition outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. Also note that roughly one hundred thirteen thousand three hundred fifty-eight invesors are currently shorting FTAC Emerald expressing very little confidence in its future performance.
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FTAC Emerald Historical Income Statement
FTAC Stock Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FTAC Emerald Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FTAC Emerald. If investors know FTAC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FTAC Emerald listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Return On Assets (0.01) |
The market value of FTAC Emerald Acquisition is measured differently than its book value, which is the value of FTAC that is recorded on the company's balance sheet. Investors also form their own opinion of FTAC Emerald's value that differs from its market value or its book value, called intrinsic value, which is FTAC Emerald's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FTAC Emerald's market value can be influenced by many factors that don't directly affect FTAC Emerald's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FTAC Emerald's value and its price as these two are different measures arrived at by different means. Investors typically determine if FTAC Emerald is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FTAC Emerald's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.