RDE (NASDAQ:GIFT) Now Covered by Maxim Group

Investment analysts at Maxim Group began coverage on shares of RDE (NASDAQ:GIFT) in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm set a “buy” rating and a $4.00 price target on the stock. Maxim Group’s price objective would indicate a potential upside of 247.83% from the stock’s current price.

RDE Trading Up 7.5 %

Shares of NASDAQ:GIFT traded up $0.08 during mid-day trading on Wednesday, reaching $1.15. The company had a trading volume of 182,415 shares, compared to its average volume of 112,807. RDE has a one year low of $0.82 and a one year high of $4.50. The company has a 50-day simple moving average of $1.18. The company has a current ratio of 0.80, a quick ratio of 0.40 and a debt-to-equity ratio of 0.06.

RDE 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.