DeFi Technologies (OTC:DEFTF) Upgraded by Northland Capmk to Strong-Buy Rating

Northland Capmk upgraded shares of DeFi Technologies (OTC:DEFTF) to a strong-buy rating in a research report released on Wednesday morning,Zacks.com reports.

Several other research firms also recently commented on DEFTF. HC Wainwright raised shares of DeFi Technologies to a “strong-buy” rating in a report on Thursday, December 12th. B. Riley upgraded shares of DeFi Technologies to a “strong-buy” rating in a research report on Wednesday, October 23rd.

DeFi Technologies Stock Up 2.4 %

Shares of OTC DEFTF opened at $3.14 on Wednesday. DeFi Technologies has a 52 week low of $0.29 and a 52 week high of $3.75. The business’s 50 day moving average price is $2.78 and its 200 day moving average price is $2.13. The firm has a market cap of $1.02 billion and a P/E ratio of 15.72.

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.