Defi Technologies, Inc. (NASDAQ:DEFT - Get Free Report)'s stock price was down 4.4% during mid-day trading on Wednesday . The company traded as low as $3.60 and last traded at $3.67. Approximately 533,334 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 1,071,915 shares. The stock had previously closed at $3.84.
Wall Street Analyst Weigh In
DEFT has been the topic of several recent research reports. Wall Street Zen upgraded Defi Technologies to a "hold" rating in a research report on Friday. Maxim Group increased their price target on shares of Defi Technologies from $6.50 to $7.00 and gave the stock a "buy" rating in a report on Tuesday, May 27th. Finally, HC Wainwright raised 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.
Check Out Our Latest Analysis on Defi Technologies
Defi Technologies Stock Down 5.2%
The firm has a market capitalization of $1.06 billion and a price-to-earnings ratio of 11.21.
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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