DeFi Technologies Inc (NASDAQ:DEFT) does about 1.51M shares in volume on a normal day but saw 2414624 shares change hands in the recent trading day. The company now has a market cap of 991.46M USD. Its current market price is $3.01, marking an increase of 5.24% compared to the previous close of $2.86. 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 $6.10, suggesting that the stock has a potential upside of 50.66% over the period.
The current price level is -5.98%, -3.98%, and 13.98% 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 up 5.99% over the week and -19.52% over the past month. Its price is 110.49% year-to-date and 10.66% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.09 and 0.41 for whole year. Expected sales for next quarter are $59.66M, which analysts say will come at $269.14M for the current fiscal year and next year at $293.4M. In addition, estimates put the company’s current quarterly revenue at an average of $62.82M.
To reach the target analysts have set, the stock logically needs to grow 50.66 percent from here.
Outstanding shares total 325.63M with insiders holding 7.25% of the shares and institutional holders owning 4.54% 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 148.28 while the forward price to earnings ratio is 8.29. The beta has a value of 5.39. Price to book ratio is 19.26 and price to sales ratio is 14.23.
