DeFi Technologies Inc. (NASDAQ:DEFT - Get Free Report) saw strong trading volume on Thursday . 1,828,041 shares were traded during mid-day trading, an increase of 37% from the previous session's volume of 1,334,893 shares.The stock last traded at $3.21 and had previously closed at $2.97.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on DEFT shares. Maxim Group upped their target price on shares of DeFi Technologies from $6.50 to $7.00 and gave the stock a "buy" rating in a research note on Tuesday, May 27th. HC Wainwright boosted their price target on shares of DeFi Technologies from $4.50 to $5.50 and gave the stock a "buy" rating in a report on Thursday, May 15th. Finally, Wall Street Zen raised shares of DeFi Technologies to a "hold" rating in a research report on Friday, May 30th.
View Our Latest Research Report on DEFT
DeFi Technologies Price Performance
The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 10.69 and a beta of 4.02.
About DeFi Technologies
(
Get Free Report)
DeFi Technologies, Inc engages in the provision of investment services. It plans to acquire equity, debt, or other securities of publicly traded or private companies or other entities. The firm offers DeFi ETNs, DeFi Governance, DeFi Venture and DeFi Treasury. The company was founded by Olivier Francois Roussy Newton and Wouter Witvoet on April 14, 1986 and is headquartered in Toronto, Canada.
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