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Q4 EPS Estimates for DeFi Technologies Increased by B. Riley

DeFi Technologies logo with Business Services background

DeFi Technologies Inc. (OTC:DEFTF - Free Report) - Stock analysts at B. Riley boosted their Q4 2024 earnings per share (EPS) estimates for shares of DeFi Technologies in a note issued to investors on Monday, November 25th. B. Riley analyst H. Goetsch now anticipates that the company will post earnings per share of $0.06 for the quarter, up from their prior estimate of $0.02. B. Riley has a "Strong-Buy" rating on the stock. The consensus estimate for DeFi Technologies' current full-year earnings is $0.27 per share.

DeFi Technologies Stock Up 1.3 %

OTC:DEFTF traded up $0.03 during trading hours on Wednesday, reaching $2.28. The company had a trading volume of 711,761 shares, compared to its average volume of 851,704. The business's 50-day simple moving average is $2.01 and its two-hundred day simple moving average is $1.67. The firm has a market cap of $698.02 million and a price-to-earnings ratio of 11.40. DeFi Technologies has a twelve month low of $0.21 and a twelve month high of $2.64.

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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