B. Riley Has Positive Outlook for OTC:DEFTF FY2024 Earnings

DeFi Technologies Inc. (OTC:DEFTFFree Report) – Equities researchers at B. Riley lifted their FY2024 earnings estimates for DeFi Technologies in a research report issued on Monday, November 25th. B. Riley analyst H. Goetsch now expects that the company will post earnings of $0.26 per share for the year, up from their prior estimate of $0.21. B. Riley has a “Strong-Buy” rating on the stock. The consensus estimate for DeFi Technologies’ current full-year earnings is $0.24 per share. B. Riley also issued estimates for DeFi Technologies’ FY2025 earnings at $0.29 EPS.

DeFi Technologies Stock Performance

Shares of OTC DEFTF opened at $2.43 on Tuesday. The firm has a fifty day moving average of $2.00 and a 200 day moving average of $1.66. The firm has a market cap of $743.39 million and a PE ratio of 12.14. DeFi Technologies has a one year low of $0.20 and a one year high of $2.64.

DeFi Technologies Company Profile

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DeFi Technologies Inc, a technology company, develops and lists exchange traded products in Canada, Bermuda, and the Cayman Islands. The company provides asset management services, such as investment vehicles, indirect exposure to underlying cryptocurrencies, digital asset indexes, and other decentralized finance instruments.

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