DeFi Technologies (OTC:DEFTF) Rating Increased 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 upgraded shares of DeFi Technologies to a “strong-buy” rating in a report on Wednesday, October 23rd.

DeFi Technologies Stock Performance

DEFTF opened at $3.34 on Thursday. The stock has a market capitalization of $1.03 billion and a PE ratio of 16.70. The stock’s 50 day moving average price is $2.26 and its 200-day moving average price is $1.86. DeFi Technologies has a 52-week low of $0.28 and a 52-week high of $3.75.

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.