Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of DeFi Technologies Inc (NASDAQ: DEFT) was $2.68 for the day, up 1.90% from the previous closing price of $2.63. In other words, the price has increased by $1.90 from its previous closing price. On the day, 2.41 million shares were traded. DEFT stock price reached its highest trading level at $2.709 during the session, while it also had its lowest trading level at $2.64.
Ratios:
Our analysis of DEFT’s different ratios will help us gain a deeper understanding of the company. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DEFT now has a Market Capitalization of 883952448 and an Enterprise Value of 855427904. As of this moment, DeFi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 132.02, and their Forward P/E ratio for the next fiscal year is 7.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.67 while its Price-to-Book (P/B) ratio in mrq is 17.15. Its current Enterprise Value per Revenue stands at 15.493 whereas that against EBITDA is -39.835.
Stock Price History:
The Beta on a monthly basis for DEFT is 5.35, which has changed by 0.5764706 over the last 52 weeks, in comparison to a change of 0.20799685 over the same period for the S&P500. Over the past 52 weeks, DEFT has reached a high of $4.95, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is -13.67%, while the 200-Day Moving Average is calculated to be -3.46%.
Shares Statistics:
DEFT traded an average of 3.19M shares per day over the past three months and 4729700 shares per day over the past ten days. A total of 325.63M shares are outstanding, with a floating share count of 303.24M. Insiders hold about 7.94% of the company’s shares, while institutions hold 4.21% stake in the company. Shares short for DEFT as of 1752537600 were 3755591 with a Short Ratio of 1.18, compared to 1749772800 on 3698356.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
