DeFi Technologies (OTC:DEFTF) Sets New 1-Year High – Here’s What Happened

DeFi Technologies Inc. (OTC:DEFTFGet Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as $3.75 and last traded at $3.31, with a volume of 1916774 shares trading hands. The stock had previously closed at $3.69.

Wall Street Analyst Weigh In

Separately, B. Riley raised shares of DeFi Technologies to a “strong-buy” rating in a research note on Wednesday, October 23rd.

Get Our Latest Analysis on DeFi Technologies

DeFi Technologies Stock Performance

The firm has a market cap of $1.02 billion and a P/E ratio of 14.19. The business’s fifty day moving average is $2.13 and its 200-day moving average is $1.79.

About DeFi Technologies

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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.

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