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

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

DeFi Technologies Stock Performance

DEFTF stock opened at $1.78 on Wednesday. The firm has a fifty day moving average price of $2.01 and a 200 day moving average price of $1.42. DeFi Technologies has a fifty-two week low of $0.07 and a fifty-two week high of $2.44. The firm has a market cap of $529.98 million and a PE ratio of -25.43.

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.