RDE, Inc. (NASDAQ:GIFT – Get Free Report) dropped 28.3% during mid-day trading on Wednesday . The company traded as low as $0.86 and last traded at $1.04. Approximately 594,804 shares changed hands during mid-day trading, an increase of 454% from the average daily volume of 107,323 shares. The stock had previously closed at $1.45.
RDE Trading Down 2.9 %
The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.40 and a current ratio of 0.80. The business has a fifty day moving average of $1.33.
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.
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