DeFi Technologies (OTC:DEFTF - Get Free Report) was upgraded by analysts at HC Wainwright to a "strong-buy" rating in a research note issued on Thursday,Zacks.com reports.
Separately, B. Riley raised DeFi Technologies to a "strong-buy" rating in a research note on Wednesday, October 23rd.
Get Our Latest Research Report on DeFi Technologies
DeFi Technologies Price Performance
Shares of OTC:DEFTF traded up $0.07 during midday trading on Thursday, reaching $3.34. The company's stock had a trading volume of 742,174 shares, compared to its average volume of 910,057. The business's fifty day simple moving average is $2.26 and its 200-day simple moving average is $1.86. DeFi Technologies has a fifty-two week low of $0.28 and a fifty-two week high of $3.75. The company has a market capitalization of $1.03 billion and a P/E ratio of 16.70.
About DeFi Technologies
(
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DeFi Technologies Inc, a technology company, develops and lists exchange traded products in Canada, Bermuda, and the Cayman Islands. The company provides asset management services, such as investment vehicles, indirect exposure to underlying cryptocurrencies, digital asset indexes, and other decentralized finance instruments.
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