DeFi Technologies Inc (NASDAQ:DEFT) does about 1.04M shares in volume on a normal day but saw 2175710 shares change hands in the recent trading day. The company now has a market cap of 1.23B USD. Its current market price is $3.76, marking a decrease of -2.34% compared to the previous close of $3.85. The 52 week high reached by this stock is $4.95 whilst the lowest price level in 52 weeks is $0.76.
DeFi Technologies Inc (DEFT) has a 20-day trading average at $3.32 and the current price is -24.04% off the 52-week high compared with 397.95% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.72 and its 200-day simple moving average is $2.47. If we look at the stock’s price movements over the week, volatility stands at 10.90%, which increases to 10.90% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 63.85 to suggest the stock is neutral.
The consensus objective for the share price is $5.76, suggesting that the stock has a potential upside of 34.72% over the period.
The current price level is 13.41%, 38.30%, and 52.16% away from its SMA20, SMA50, and SMA200 respectively, with the DEFT price moving below the 50-day SMA on current market day. DeFi Technologies Inc (DEFT) stock is down -11.53% over the week and 76.53% over the past month. Its price is 38.24% year-to-date and 461.19% over the past year.
To reach the target analysts have set, the stock logically needs to grow 34.72 percent from here.
Outstanding shares total 325.63M with insiders holding 11.78% of the shares and institutional holders owning 3.93% of the company’s common stock. The company has a return on investment of 26.05% and return on equity of 46.48%. The price to earnings ratio (P/E ratio) amounts to 185.22 while the forward price to earnings ratio is 10.84. The beta has a value of 5.40. Price to book ratio is 24.05 and price to sales ratio is 17.65.
