The trading price of DeFi Technologies Inc (NASDAQ:DEFT) closed lower on Friday, May 23, and closing at $3.55, -1.39% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $3.51 and $3.7. The company’s P/E ratio in the trailing 12-month period was 174.88, while its 5Y monthly beta was 5.529. In examining the 52-week price action we see that the stock hit a 52-week high of $4.95 and a 52-week low of $0.77. Over the past month, the stock has gained 28.62% in value.
DeFi Technologies Inc, whose market valuation is $1.16 billion at the time of this writing, is expected to release its quarterly earnings report on 2025-May-13. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest DEFT has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that DEFT’s price is currently 1.09% off the SMA20 and 24.35% off the SMA50. The RSI metric on the 14-day chart is currently showing 55.75, and weekly volatility stands at 5.23%. When measured over the past 30 days, the indicator reaches 6.25%. DeFi Technologies Inc (NASDAQ:DEFT)’s beta value is currently sitting at 5.45, while the Average True Range indicator is currently displaying 0.34.
To see how DeFi Technologies Inc stock has been performing in comparison to its peers in the industry, here are the numbers: DEFT stock’s performance was -1.39% in the latest trading, and 266.70% in the past year. DeFi Technologies Inc has a P/E ratio of 174.88.
An evaluation of the daily trading volume of DeFi Technologies Inc (NASDAQ:DEFT) indicates that the 3-month average is 1.09 million. However, this figure has increased over the past 10 days to an average of 2.49.
Currently, records show that 325.63 million of the company’s shares remain outstanding. The insiders hold 7.93% of outstanding shares, whereas institutions hold 3.88%. However, since the stock’s price has seen 30.51% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
