Shares of DeFi Technologies Inc. (OTC:DEFTF - Get Free Report) shot up 1% during mid-day trading on Friday . The stock traded as high as $2.23 and last traded at $2.10. 1,288,424 shares changed hands during trading, an increase of 63% from the average session volume of 789,866 shares. The stock had previously closed at $2.08.
Analysts Set New Price Targets
Separately, B. Riley raised shares of DeFi Technologies to a "strong-buy" rating in a research note on Wednesday, October 23rd.
View Our Latest Research Report on DeFi Technologies
DeFi Technologies Stock Up 1.0 %
The stock has a market capitalization of $642.64 million and a P/E ratio of 10.50. The firm's 50 day simple moving average is $1.97 and its two-hundred day simple moving average is $1.57.
DeFi Technologies Company Profile
(
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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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