Defi Technologies (NASDAQ:DEFT) Shares Gap Up – Should You Buy?

Shares of Defi Technologies, Inc. (NASDAQ:DEFTGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $3.53, but opened at $3.69. Defi Technologies shares last traded at $3.71, with a volume of 516,392 shares changing hands.

Analyst Ratings Changes

Separately, HC Wainwright increased their price objective on Defi Technologies from $4.50 to $5.50 and gave the stock a “buy” rating in a research report on Thursday, May 15th.

View Our Latest Analysis on DEFT

Defi Technologies Price Performance

The company has a market capitalization of $1.17 billion and a P/E ratio of 12.41.

Defi Technologies Company Profile

(Get Free Report)

DeFi Technologies, Inc engages in the provision of investment services. It plans to acquire equity, debt, or other securities of publicly traded or private companies or other entities. The firm offers DeFi ETNs, DeFi Governance, DeFi Venture and DeFi Treasury. The company was founded by Olivier Francois Roussy Newton and Wouter Witvoet on April 14, 1986 and is headquartered in Toronto, Canada.

Further Reading

Receive News & Ratings for Defi Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Defi Technologies and related companies with MarketBeat.com's FREE daily email newsletter.