Blair William & Co. IL Purchases 15,000 Shares of Giftify, Inc. $GIFT

Blair William & Co. IL boosted its position in shares of Giftify, Inc. (NASDAQ:GIFT) by 150.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 25,000 shares of the company’s stock after buying an additional 15,000 shares during the quarter. Blair William & Co. IL’s holdings in Giftify were worth $38,000 at the end of the most recent quarter.

Giftify Stock Performance

Shares of NASDAQ:GIFT opened at $1.11 on Monday. The stock has a market capitalization of $33.81 million, a P/E ratio of -2.22 and a beta of -1.51. Giftify, Inc. has a 1-year low of $0.82 and a 1-year high of $2.38. The company has a current ratio of 0.77, a quick ratio of 0.50 and a debt-to-equity ratio of 0.03. The business has a 50-day moving average price of $1.07 and a two-hundred day moving average price of $1.36.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Giftify in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $4.00.

Giftify Company Profile

RDE, Inc owns and operates a restaurant deal space in the United States. The company operates Restaurant.com that connects digital consumers, businesses, and communities with dining and merchant deal options at approximately 182,500 restaurants and retailers to approximately 7.8 million customers. It sells discount certificates for restaurants, as well as complementary entertainment and travel offerings, and consumer products on behalf of third-party merchants.