DeFi Technologies Inc. (NASDAQ:DEFT - Get Free Report) was down 2.9% during trading on Wednesday . The company traded as low as $2.65 and last traded at $2.67. Approximately 403,811 shares changed hands during trading, a decline of 68% from the average daily volume of 1,249,045 shares. The stock had previously closed at $2.75.
Analyst Ratings Changes
A number of research analysts have commented on DEFT shares. Maxim Group increased their price target on shares of DeFi Technologies from $6.50 to $7.00 and gave the company a "buy" rating in a research report on Tuesday, May 27th. HC Wainwright increased their price target 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. Finally, Wall Street Zen raised DeFi Technologies to a "hold" rating in a research note on Friday, May 30th.
Read Our Latest Stock Report on DEFT
DeFi Technologies Price Performance
The company has a market cap of $888.52 million, a price-to-earnings ratio of 9.10 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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