What is B. Riley’s Forecast for OTC:DEFTF FY2024 Earnings?

DeFi Technologies Inc. (OTC:DEFTF) – Equities researchers at B. Riley upped their FY2024 earnings per share (EPS) estimates for shares of DeFi Technologies in a research note issued to investors on Monday, November 25th. B. Riley analyst H. Goetsch now forecasts that the company will post earnings of $0.26 per share for the year, up from their previous forecast of $0.21. B. Riley currently has a “Strong-Buy” rating on the stock. The consensus estimate for DeFi Technologies’ current full-year earnings is $0.24 per share. B. Riley also issued estimates for DeFi Technologies’ FY2025 earnings at $0.29 EPS.

DeFi Technologies Trading Down 5.9 %

DeFi Technologies stock opened at $2.43 on Tuesday. The company has a 50-day moving average price of $2.00 and a 200 day moving average price of $1.66. DeFi Technologies has a 12-month low of $0.20 and a 12-month high of $2.64. The stock has a market cap of $743.39 million and a P/E ratio of 12.14.

DeFi Technologies Company Profile

DeFi Technologies Inc, a technology company, develops and lists exchange traded products in Canada, Bermuda, and the Cayman Islands. The company provides asset management services, such as investment vehicles, indirect exposure to underlying cryptocurrencies, digital asset indexes, and other decentralized finance instruments.