DeFi Technologies (OTC:DEFTF) Raised to Strong-Buy at B. Riley

B. Riley upgraded shares of DeFi Technologies (OTC:DEFTF) to a strong-buy rating in a report issued on Wednesday morning, Zacks.com reports. B. Riley also issued estimates for DeFi Technologies’ Q3 2024 earnings at $0.04 EPS, Q4 2024 earnings at $0.02 EPS, FY2024 earnings at $0.21 EPS and FY2025 earnings at $0.22 EPS.

DeFi Technologies Price Performance

DEFTF stock opened at $1.91 on Wednesday. The firm has a market capitalization of $569.88 million and a PE ratio of -25.43. DeFi Technologies has a twelve month low of $0.08 and a twelve month high of $2.44. The stock’s 50 day moving average is $2.01 and its 200-day moving average is $1.43.

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.