DeFi Technologies (OTC:DEFTF) Raised to Strong-Buy at HC Wainwright

HC Wainwright upgraded shares of DeFi Technologies (OTC:DEFTF) to a strong-buy rating in a report published on Thursday,Zacks.com reports.

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

DeFi Technologies Stock Up 2.1 %

DEFTF stock opened at $3.34 on Thursday. DeFi Technologies has a twelve month low of $0.28 and a twelve month high of $3.75. The stock has a market capitalization of $1.03 billion and a price-to-earnings ratio of 16.70. The firm’s fifty day simple moving average is $2.23 and its two-hundred day simple moving average is $1.84.

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.