DeFi Technologies Inc (NASDAQ:DEFT) does about 1.23M shares in volume on a normal day but saw 3018282 shares change hands in the recent trading day. The company now has a market cap of 1.18B USD. Its current market price is $3.58, marking an increase of 4.37% compared to the previous close of $3.43. The 52 week high reached by this stock is $4.95 whilst the lowest price level in 52 weeks is $0.77.
The consensus objective for the share price is $5.87, suggesting that the stock has a potential upside of 39.01% over the period.
The current price level is -1.09%, 22.86%, and 40.48% 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 -4.28% over the week and 26.06% over the past month. Its price is 31.62% year-to-date and 272.92% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.1 and 0.44 for whole year. Expected sales for next quarter are $55.4M, which analysts say will come at $227.11M for the current fiscal year and next year at $292.66M. In addition, estimates put the company’s current quarterly revenue at an average of $48.29M.
To reach the target analysts have set, the stock logically needs to grow 39.01 percent from here.
Outstanding shares total 325.63M with insiders holding 7.10% of the shares and institutional holders owning 3.96% 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 176.35 while the forward price to earnings ratio is 9.98. The beta has a value of 5.39. Price to book ratio is 22.90 and price to sales ratio is 16.92.
