DeFi Technologies Inc. (NASDAQ:DEFT - Get Free Report)'s stock price fell 2.9% during trading on Wednesday . The company traded as low as $2.65 and last traded at $2.67. 403,811 shares changed hands during trading, a decline of 68% from the average session volume of 1,249,045 shares. The stock had previously closed at $2.75.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on DEFT. Wall Street Zen upgraded shares of DeFi Technologies to a "hold" rating in a report on Friday, May 30th. HC Wainwright raised their price objective 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, Maxim Group lifted their price target on shares of DeFi Technologies from $6.50 to $7.00 and gave the company a "buy" rating in a research note on Tuesday, May 27th.
Read Our Latest Research Report on DEFT
DeFi Technologies Trading Up 0.7%
The firm has a market capitalization of $932.27 million, a P/E ratio of 9.55 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.
See Also
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