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
(
Get Free Report)
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.
Read More
Before you consider DeFi Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DeFi Technologies wasn't on the list.
While DeFi Technologies currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for December 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.