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Defi Technologies (NASDAQ:DEFT) Shares Gap Up - What's Next?

Defi Technologies logo with Financial Services background

Defi Technologies, Inc. (NASDAQ:DEFT - Get Free Report)'s stock price gapped up before the market opened on Thursday . The stock had previously closed at $3.53, but opened at $3.69. Defi Technologies shares last traded at $3.71, with a volume of 516,392 shares.

Analysts Set New Price Targets

A number of brokerages have commented on DEFT. Maxim Group upped their price objective on Defi Technologies from $6.50 to $7.00 and gave the company a "buy" rating in a report on Tuesday. HC Wainwright boosted their target price on shares of Defi Technologies from $4.50 to $5.50 and gave the company a "buy" rating in a research report on Thursday, May 15th.

Check Out Our Latest Research Report on DEFT

Defi Technologies Price Performance

The company has a market cap of $1.23 billion and a PE ratio of 13.03.

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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