Westpark Capital assumed coverage on shares of Leafly (NASDAQ:LFLY – Get Rating) in a report released on Wednesday, The Fly reports. The brokerage issued a hold rating on the stock.
Leafly Trading Down 6.2 %
LFLY stock opened at $0.33 on Wednesday. The stock has a market capitalization of $13.55 million, a PE ratio of 0.97 and a beta of 1.28. Leafly has a 12-month low of $0.31 and a 12-month high of $10.92. The stock’s 50 day simple moving average is $0.37 and its 200 day simple moving average is $0.55.
Leafly (NASDAQ:LFLY – Get Rating) last announced its earnings results on Thursday, March 16th. The company reported ($0.17) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.01). The business had revenue of $12.11 million for the quarter, compared to analyst estimates of $12.20 million. On average, research analysts predict that Leafly will post -0.37 earnings per share for the current year.
Institutional Investors Weigh In On Leafly
Leafly Company Profile
Leafly Holdings, Inc owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers. It offers subscription-based marketplace listings, digital advertising solutions, and software as a service-based tools to cannabis retailers and brands; and information, reviews, menus, and ordering and delivery options to its audience through its website and mobile applications.
- Get a free copy of the StockNews.com research report on Leafly (LFLY)
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