Leafly (NASDAQ:LFLY) Stock Price Up 4.3% – Here’s Why

Leafly Holdings, Inc. (NASDAQ:LFLY) traded up 4.3% on Tuesday . The stock traded as high as $0.35 and last traded at $0.24. 6,418 shares changed hands during trading, a decline of 89% from the average session volume of 55,986 shares. The stock had previously closed at $0.23.

Wall Street Analyst Weigh In

Separately, Westpark Capital restated a “buy” rating and set a $9.18 price objective on shares of Leafly in a report on Friday, November 8th.

Leafly Stock Up 4.3 %

The firm has a 50 day moving average of $0.83 and a 200 day moving average of $1.45. The firm has a market cap of $737,760.00, a PE ratio of -0.10 and a beta of 0.81.

About Leafly

Leafly Holdings, Inc owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers. The company offers subscription-based marketplace listings, digital advertising solutions, and software as a service-based tools to cannabis retailers; and information, reviews, menus, and ordering and delivery options to its audience through its website and mobile applications.