At the time of writing, DeFi Technologies Inc [DEFT] stock is trading at $0.95, up 7.34%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DEFT shares have gain 15.58% over the last week, with a monthly amount drifted -30.74%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of DeFi Technologies Inc fluctuated between $0.73 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 $0.95 at the most recent close of the market. An investor can expect a potential return of 189.47% based on the average DEFT price forecast.
Analyzing the DEFT fundamentals
According to DeFi Technologies Inc [NASDAQ:DEFT], the company’s sales were 73.22M for trailing twelve months, which represents an 155.80% jump. 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 0.9159 points at the first support level, and at 0.8830 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9859, and for the 2nd resistance point, it is at 1.0230.
Ratios To Look Out For
It is important to note that DeFi Technologies Inc [NASDAQ:DEFT] has a current ratio of 0.92. Also, the Quick Ratio is 0.92, while the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 5.00, the price to book ratio is 3.22.
