For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
DeFi Technologies Inc (NASDAQ: DEFT) closed the day trading at $2.91 down -2.02% from the previous closing price of $2.97. In other words, the price has decreased by -$2.02 from its previous closing price. On the day, 2.31 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 143.35, and their Forward P/E ratio for the next fiscal year is 8.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.76 while its Price-to-Book (P/B) ratio in mrq is 18.62.
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 $1.04. The 50-Day Moving Average of the stock is -4.11%, while the 200-Day Moving Average is calculated to be 11.06%.
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 4.41% stake in the company.
