Defi Technologies (NASDAQ:DEFT - Get Free Report) was upgraded by investment analysts at Wall Street Zen to a "hold" rating in a research note issued to investors on Friday.
Other equities research analysts also recently issued research reports about the stock. Maxim Group upped their target price 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. HC Wainwright upped their target price on shares of Defi Technologies from $4.50 to $5.50 and gave the company a "buy" rating in a research note on Thursday, May 15th.
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Defi Technologies Price Performance
Shares of DEFT traded down $0.14 on Friday, reaching $3.44. 1,270,710 shares of the company's stock were exchanged, compared to its average volume of 1,148,329. The company has a market cap of $1.12 billion and a price-to-earnings ratio of 11.86. Defi Technologies has a 12 month low of $0.81 and a 12 month high of $4.95.
About Defi Technologies
(
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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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