For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $1.68 in the prior trading day, Giftify Inc (NASDAQ: GIFT) closed at $1.69, up 0.60%. In other words, the price has increased by $0.60 from its previous closing price. On the day, 0.57 million shares were traded.
Ratios:
Our goal is to gain a better understanding of GIFT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.79. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.08.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 30 ’25 when Thakker Ketan bought 2,350 shares for $0.94 per share. The transaction valued at 2,209 led to the insider holds 2,696,708 shares of the business.
Wellisch Balazs bought 35,000 shares of GIFT for $50,750 on Oct 10 ’24. The CTO now owns 1,040,217 shares after completing the transaction at $1.45 per share. On Sep 09 ’24, another insider, Wellisch Balazs, who serves as the CTO of the company, bought 1,000 shares for $2.95 each. As a result, the insider paid 2,950 and bolstered with 1,005,217 shares of the company.
Stock Price History:
Over the past 52 weeks, GIFT has reached a high of $4.27, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is -6.46%, while the 200-Day Moving Average is calculated to be -4.91%.
Shares Statistics:
A total of 29.27M shares are outstanding, with a floating share count of 16.48M. Insiders hold about 43.82% of the company’s shares, while institutions hold 11.30% stake in the company.
