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.
After finishing at $3.28 in the prior trading day, DeFi Technologies Inc (NASDAQ: DEFT) closed at $3.27, down -0.30%. In other words, the price has decreased by -$0.30 from its previous closing price. On the day, 5.63 million shares were traded. DEFT stock price reached its highest trading level at $3.47 during the session, while it also had its lowest trading level at $3.23.
Ratios:
Our goal is to gain a better understanding of DEFT by taking a closer 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:
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 1091365760 and an Enterprise Value of 946432256. As of this moment, DeFi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 161.08, and their Forward P/E ratio for the next fiscal year is 9.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.46 while its Price-to-Book (P/B) ratio in mrq is 20.92. 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 5.20, which has changed by 0.9235294 over the last 52 weeks, in comparison to a change of 0.13161862 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 -0.56%, while the 200-Day Moving Average is calculated to be 19.98%.
Shares Statistics:
The stock has traded on average 2.42M shares per day over the past 3-months and 4983940 shares per day over the last 10 days, according to various share 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 3.91% stake in the company. Shares short for DEFT as of 1749772800 were 3042377 with a Short Ratio of 1.26, compared to 1747267200 on 2440452.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
