RDE (NASDAQ:GIFT) Now Covered by Analysts at Maxim Group

Maxim Group assumed coverage on shares of RDE (NASDAQ:GIFT) in a research report report published on Wednesday morning, MarketBeat Ratings reports. The brokerage issued a buy rating and a $4.00 price objective on the stock.

RDE Price Performance

Shares of GIFT stock opened at $1.13 on Wednesday. The stock’s 50 day simple moving average is $1.16. RDE has a 12-month low of $0.82 and a 12-month high of $4.50. The company has a quick ratio of 0.40, a current ratio of 0.80 and a debt-to-equity ratio of 0.06.

About RDE

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.