DeFi Technologies (OTC:DEFTF) Rating Increased to Strong-Buy at Northland Capmk

DeFi Technologies (OTC:DEFTF) was upgraded by equities researchers at Northland Capmk to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

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

DeFi Technologies Trading Up 1.0 %

DEFTF opened at $3.07 on Wednesday. DeFi Technologies has a twelve month low of $0.28 and a twelve month high of $3.75. The stock has a market cap of $991.36 million and a PE ratio of 10.81. The business’s 50 day moving average is $2.75 and its 200-day moving average is $2.12.

About DeFi Technologies

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.