DeFi Technologies Inc (NASDAQ:DEFT) price on Wednesday, May 21, fall -6.12% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.53.
A look at the stock’s price movement, the close in the last trading session was $3.76, moving within a range at $3.44 and $3.8. The PE ratio in trailing twelve months stood at 173.89. Turning to its 52-week performance, $4.95 and $0.77 were the 52-week high and 52-week low respectively. Overall, DEFT moved 55.16% over the past month.
DeFi Technologies Inc’s market cap currently stands at around $1.15 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-May-13.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DEFT is a 100% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
DEFT’s current price about 4.50% and 28.34% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 56.93, while 7-day volatility ratio is 9.56% and 11.07% in the 30-day chart. Further, DeFi Technologies Inc (DEFT) has a beta value of 5.40, and an average true range (ATR) of 0.37.
If we refocus on DeFi Technologies Inc (NASDAQ:DEFT), historical trading data shows that trading volumes averaged 2.56 over the past 10 days and 1.04 million over the past 3 months. The company’s latest data on shares outstanding shows there are 325.63 million shares.
The 7.93% of DeFi Technologies Inc’s shares are in the hands of company insiders while institutional holders own 3.88% of the company’s shares. Current price change has pushed the stock 29.78% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DEFT stock continues to rise going into the next quarter.
