Northland Capmk Upgrades DeFi Technologies (OTC:DEFTF) to “Strong-Buy”

DeFi Technologies (OTC:DEFTF) was upgraded by analysts at Northland Capmk to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

DEFTF has been the subject of several other research reports. B. Riley raised shares of DeFi Technologies to a “strong-buy” rating in a research note on Wednesday, October 23rd. HC Wainwright raised DeFi Technologies to a “strong-buy” rating in a research report on Thursday, December 12th.

DeFi Technologies Stock Up 1.0 %

OTC DEFTF opened at $3.07 on Wednesday. The stock has a market capitalization of $991.36 million and a PE ratio of 10.81. DeFi Technologies has a 12-month low of $0.28 and a 12-month high of $3.75. The company has a 50 day moving average price of $2.75 and a two-hundred day moving average price of $2.12.

About DeFi Technologies

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.