Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
DeFi Technologies Inc (NASDAQ: DEFT) closed the day trading at $3.35 up 7.72% from the previous closing price of $3.11. In other words, the price has increased by $7.72 from its previous closing price. On the day, 3.35 million shares were traded.
Ratios:
For a better understanding of DEFT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
As of this moment, DeFi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 165.02, and their Forward P/E ratio for the next fiscal year is 9.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.84 while its Price-to-Book (P/B) ratio in mrq is 21.43.
Stock Price History:
Over the past 52 weeks, DEFT has reached a high of $4.95, while it has fallen to a 52-week low of $1.02. The 50-Day Moving Average of the stock is 13.15%, while the 200-Day Moving Average is calculated to be 29.32%.
Shares Statistics:
A total of 325.63M shares are outstanding, with a floating share count of 303.29M. Insiders hold about 7.93% of the company’s shares, while institutions hold 3.89% stake in the company.
