DeFi Technologies Inc [DEFT] stock is trading at $1.29, down -15.13%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DEFT shares have gain 35.04% over the last week, with a monthly amount drifted -27.93%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
DeFi Technologies Inc [DEFT] stock has fluctuated between $0.91 and $4.95 over the past year. 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 $1.29 at the most recent close of the market. An investor can expect a potential return of 113.18% based on the average DEFT price forecast.
Analyzing the DEFT fundamentals
DeFi Technologies Inc [NASDAQ:DEFT] reported sales of 73.22M for the trailing twelve months, which represents a growth of 155.80%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.11.
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 1.2333 points at the first support level, and at 1.1767 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.3933, and for the 2nd resistance point, it is at 1.4967.
Ratios To Look Out For
For context, DeFi Technologies Inc’s Current Ratio is 0.92. In addition, the Quick Ratio stands at 0.92 and the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 6.80, the price to book ratio is 4.38.
