Giftify (GIFT) to Release Quarterly Earnings on Monday

Giftify (NASDAQ:GIFT) is expected to be announcing its resultson Monday, March 16th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $19.60 million for the quarter.

Giftify Trading Down 1.0%

Shares of NASDAQ GIFT opened at $0.79 on Monday. The company has a current ratio of 0.82, a quick ratio of 0.50 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $24.52 million, a PE ratio of -1.89 and a beta of -1.45. Giftify has a twelve month low of $0.77 and a twelve month high of $2.38. The stock has a fifty day simple moving average of $1.02 and a 200-day simple moving average of $1.06.

Institutional Investors Weigh In On Giftify

A hedge fund recently raised its stake in Giftify stock. Blair William & Co. IL raised its stake in Giftify, Inc. (NASDAQ:GIFT) by 280.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,000 shares of the company’s stock after purchasing an additional 70,000 shares during the period. Blair William & Co. IL owned about 0.31% of Giftify worth $101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Giftify in a report on Friday, January 9th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Giftify currently has a consensus rating of “Sell”.

Giftify Company Profile

Giftify, Inc (NASDAQ: GIFT) is a US-based technology company specializing in digital gift solutions for businesses across retail, hospitality and corporate sectors. The company’s cloud-based platform enables brands and organizations to create, distribute and redeem e-gift cards and e-vouchers through multiple channels, including email, SMS and API integrations. By offering a turnkey solution for branded gifting campaigns, Giftify helps clients drive consumer acquisition, retention and incremental revenue.

Central to Giftify’s offering is a suite of management tools that enable real-time tracking of gift card inventory, performance analytics and customer engagement metrics.