Defi Technologies (NASDAQ:DEFT) Shares Gap Up After Analyst Upgrade
Defi Technologies, Inc. (NASDAQ:DEFT – Get Free Report) shares gapped up prior to trading on Thursday after HC Wainwright raised their price target on the stock from $4.50 to $5.50. The stock had previously closed at $3.80, but opened at $3.93. HC Wainwright currently has a buy rating on the stock. Defi Technologies shares last traded at $3.79, with a volume of 343,354 shares trading hands.
Defi Technologies Stock Up 1.3%
The company has a market cap of $1.26 billion and a PE ratio of 13.28.
Defi Technologies Company Profile
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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