Shares of Defi Technologies, Inc. (NASDAQ:DEFT - Get Free Report) traded down 4.8% during mid-day trading on Thursday . The company traded as low as $2.97 and last traded at $2.99. 485,063 shares were traded during trading, a decline of 60% from the average session volume of 1,209,725 shares. The stock had previously closed at $3.14.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on the company. Wall Street Zen raised Defi Technologies to a "hold" rating in a research note on Friday, May 30th. Maxim Group lifted their price target on Defi Technologies from $6.50 to $7.00 and gave the company a "buy" rating in a research note on Tuesday, May 27th. Finally, HC Wainwright boosted their price objective on Defi Technologies from $4.50 to $5.50 and gave the stock a "buy" rating in a research note on Thursday, May 15th.
View Our Latest Stock Analysis on Defi Technologies
Defi Technologies Trading Down 5.4%
The stock has a market cap of $989.43 million, a P/E ratio of 10.24 and a beta of 5.25.
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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