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.
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