DeFi Technologies Inc (NASDAQ:DEFT) does about 1.39M shares in volume on a normal day but saw 2309179 shares change hands in the recent trading day. The company now has a market cap of 958.52M USD. Its current market price is $2.91, marking a decrease of -2.02% compared to the previous close of $2.97. The 52 week high reached by this stock is $4.95 whilst the lowest price level in 52 weeks is $1.04.
The consensus objective for the share price is $5.88, suggesting that the stock has a potential upside of 50.51% over the period.
The current price level is -16.17%, -4.11%, and 11.06% away from its SMA20, SMA50, and SMA200 respectively, with the DEFT price moving above the 50-day SMA on current market day. DeFi Technologies Inc (DEFT) stock is down -13.13% over the week and -23.42% over the past month. Its price is 6.99% year-to-date and 106.16% 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 $227.1M for the current fiscal year and next year at $292.67M. In addition, estimates put the company’s current quarterly revenue at an average of $48.3M.
To reach the target analysts have set, the stock logically needs to grow 50.51 percent from here.
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 143.35 while the forward price to earnings ratio is 8.11. The beta has a value of 5.42. Price to book ratio is 18.62 and price to sales ratio is 13.76.
