DeFi Technologies (OTC:DEFTF) Upgraded by HC Wainwright to Strong-Buy Rating

DeFi Technologies (OTC:DEFTF) was upgraded by analysts at HC Wainwright to a “strong-buy” rating in a research note issued on Thursday,Zacks.com reports.

Separately, B. Riley upgraded DeFi Technologies to a “strong-buy” rating in a research note on Wednesday, October 23rd.

DeFi Technologies Trading Up 2.1 %

OTC DEFTF opened at $3.34 on Thursday. DeFi Technologies has a 12 month low of $0.28 and a 12 month high of $3.75. The company’s 50-day moving average price is $2.23 and its 200-day moving average price is $1.84. The stock has a market cap of $1.03 billion and a PE ratio of 16.70.

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.