For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of DeFi Technologies Inc (NASDAQ: DEFT) closed at $2.93 in the last session, up 5.02% from day before closing price of $2.79. In other words, the price has increased by $5.02 from its previous closing price. On the day, 2.84 million shares were traded. DEFT stock price reached its highest trading level at $3.01 during the session, while it also had its lowest trading level at $2.798.
Ratios:
We take a closer look at DEFT’s different ratios to gain a better understanding of the stock. 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 966410688 and an Enterprise Value of 946432256. As of this moment, DeFi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 144.33, and their Forward P/E ratio for the next fiscal year is 8.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.85 while its Price-to-Book (P/B) ratio in mrq is 18.74. Its current Enterprise Value per Revenue stands at 7.707 whereas that against EBITDA is 27.612.
Stock Price History:
The Beta on a monthly basis for DEFT is 5.27, which has changed by 0.72352946 over the last 52 weeks, in comparison to a change of 0.12632763 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 -8.03%, while the 200-Day Moving Average is calculated to be 10.17%.
Shares Statistics:
According to the various share statistics, DEFT traded on average about 1.60M shares per day over the past 3-months and 2221610 shares per day over the past 10 days. 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 4.41% stake in the company. Shares short for DEFT as of 1749772800 were 3042377 with a Short Ratio of 1.90, compared to 1747267200 on 2440452.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
