Defi Technologies, Inc. (NASDAQ:DEFT - Get Free Report) shares saw an uptick in trading volume on Thursday . 2,190,419 shares traded hands during trading, an increase of 97% from the previous session's volume of 1,114,066 shares.The stock last traded at $3.33 and had previously closed at $3.74.
Wall Street Analysts Forecast Growth
Several research firms recently commented on DEFT. Wall Street Zen raised Defi Technologies to a "hold" rating in a report on Friday. Maxim Group raised their target price on Defi Technologies from $6.50 to $7.00 and gave the stock a "buy" rating in a research note on Tuesday, May 27th. Finally, HC Wainwright lifted their price target on Defi Technologies from $4.50 to $5.50 and gave the stock a "buy" rating in a report on Thursday, May 15th.
View Our Latest Stock Analysis on Defi Technologies
Defi Technologies Trading Down 3.9%
The firm has a market capitalization of $1.12 billion and a PE ratio of 11.86.
Defi Technologies Company Profile
(
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.
Recommended Stories
Before you consider DeFi Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DeFi Technologies wasn't on the list.
While DeFi Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
