DeFi Development Corp. (NASDAQ:DFDV - Get Free Report) shares rose 9.2% on Thursday . The company traded as high as $26.50 and last traded at $24.64. Approximately 2,636,003 shares traded hands during trading, an increase of 55% from the average daily volume of 1,698,848 shares. The stock had previously closed at $22.57.
Analysts Set New Price Targets
DFDV has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of DeFi Development to a "hold" rating in a research report on Friday, May 23rd. Cantor Fitzgerald initiated coverage on shares of DeFi Development in a research report on Monday, June 16th. They set an "overweight" rating and a $45.00 price target for the company.
Get Our Latest Stock Report on DFDV
DeFi Development Trading Down 10.1%
The firm has a market cap of $360.89 million, a price-to-earnings ratio of -96.89 and a beta of -7.12.
DeFi Development Company Profile
(
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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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