DeFi Development (NASDAQ:DFDV - Get Free Report) was downgraded by analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a report issued on Friday.
A number of other analysts have also weighed in on DFDV. Cantor Fitzgerald upgraded shares of DeFi Development to a "strong-buy" rating in a research note on Wednesday, August 13th. Craig Hallum initiated coverage on DeFi Development in a report on Monday, August 4th. They issued a "buy" rating and a $25.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company's stock. According to data from MarketBeat.com, DeFi Development has a consensus rating of "Strong Buy" and a consensus price target of $35.00.
Get Our Latest Analysis on DeFi Development
DeFi Development Stock Down 0.1%
NASDAQ DFDV traded down $0.01 during trading on Friday, hitting $16.02. The stock had a trading volume of 2,585,992 shares, compared to its average volume of 3,013,045. The company has a market capitalization of $409.63 million, a P/E ratio of 24.01 and a beta of -7.36. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.14 and a quick ratio of 1.14. The business's 50 day moving average is $18.61. DeFi Development has a twelve month low of $0.49 and a twelve month high of $53.88.
DeFi Development (NASDAQ:DFDV - Get Free Report) last released its earnings results on Thursday, August 14th. The company reported ($0.18) earnings per share for the quarter. DeFi Development had a negative net margin of 129.81% and a negative return on equity of 26.19%. The firm had revenue of $1.99 million during the quarter.
About DeFi Development
(
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We are a B2B fintech marketplace connecting commercial property borrowers and lenders with a human touch. We seek to revolutionize the commercial real estate lending market by making it hyper-efficient, transparent, and accessible to all rather than the few. Through our online platform, we provide technology that connects commercial mortgage borrowers looking for capital to refinance, build, or purchase commercial property, including, but not limited to, apartment buildings, to commercial property lenders.
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