Defi Technologies (NASDAQ:DEFT) Shares Gap Down – Should You Sell?

Defi Technologies, Inc. (NASDAQ:DEFTGet Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $3.74, but opened at $3.56. Defi Technologies shares last traded at $3.61, with a volume of 810,001 shares.

Analyst Upgrades and Downgrades

Separately, HC Wainwright boosted their target price on Defi Technologies from $4.50 to $5.50 and gave the stock a “buy” rating in a report on Thursday, May 15th.

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Defi Technologies Stock Down 3.7%

The firm has a market capitalization of $1.17 billion and a price-to-earnings ratio of 12.41.

Defi Technologies Company Profile

(Get Free Report)

DeFi Technologies, Inc engages in the provision of investment services. It plans to acquire equity, debt, or other securities of publicly traded or private companies or other entities. The firm offers DeFi ETNs, DeFi Governance, DeFi Venture and DeFi Treasury. The company was founded by Olivier Francois Roussy Newton and Wouter Witvoet on April 14, 1986 and is headquartered in Toronto, Canada.

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