A share price of DeFi Technologies Inc [DEFT] is currently trading at $1.39, up 20.87%. An important factor to consider is whether the stock is rising or falling in short-term value. The DEFT shares have gain 33.65% over the last week, with a monthly amount drifted -30.85%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
DeFi Technologies Inc experienced fluctuations in its stock price throughout the past year between $0.91 and $4.95. Currently, Wall Street analysts expect the stock to reach $2.75 within the next 12 months. DeFi Technologies Inc [NASDAQ: DEFT] shares were valued at $1.39 at the most recent close of the market. An investor can expect a potential return of 97.84% based on the average DEFT price forecast.
Analyzing the DEFT fundamentals
Trailing Twelve Months sales for DeFi Technologies Inc [NASDAQ:DEFT] were 73.22M which represents 155.80% growth. Gross Profit Margin for this corporation currently stands at 3.18% with Operating Profit Margin at 11.66%, Pretax Profit Margin comes in at 11.4%, and Net Profit Margin reading is 11.64%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -1.03 and Total Capital is -1.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.2567 points at the first support level, and at 1.1233 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4867, and for the 2nd resistance point, it is at 1.5833.
Ratios To Look Out For
To put it in perspective, the Current Ratio for DeFi Technologies Inc [NASDAQ:DEFT] is 0.92. On the other hand, the Quick Ratio is 0.92, and the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 7.33, the price to book ratio is 4.72.
