DeFi Development Corp. (NASDAQ:DFDV - Get Free Report)'s stock price rose 9.2% during trading on Thursday . The company traded as high as $26.50 and last traded at $24.64. Approximately 2,636,003 shares were traded during mid-day trading, an increase of 55% from the average daily volume of 1,698,848 shares. The stock had previously closed at $22.57.
Analyst Ratings Changes
Several brokerages have commented on DFDV. Cantor Fitzgerald assumed coverage on shares of DeFi Development in a research note on Monday, June 16th. They issued an "overweight" rating and a $45.00 price target on the stock. Wall Street Zen upgraded shares of DeFi Development to a "hold" rating in a research note on Friday, May 23rd.
Get Our Latest Stock Analysis on DeFi Development
DeFi Development Stock Up 10.6%
The company has a market capitalization of $401.39 million, a PE ratio of -107.77 and a beta of -7.12.
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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