B. Riley Has Optimistic Outlook of OTC:DEFTF FY2024 Earnings

DeFi Technologies Inc. (OTC:DEFTFFree Report) – Investment analysts at B. Riley raised their FY2024 EPS estimates for DeFi Technologies in a report issued on Monday, November 25th. B. Riley analyst H. Goetsch now forecasts that the company will post earnings per share of $0.26 for the year, up from their prior estimate of $0.21. B. Riley currently has a “Strong-Buy” rating on the stock. The consensus estimate for DeFi Technologies’ current full-year earnings is $0.27 per share. B. Riley also issued estimates for DeFi Technologies’ FY2025 earnings at $0.29 EPS.

DeFi Technologies Stock Performance

OTC DEFTF opened at $2.28 on Tuesday. The firm’s 50 day moving average price is $2.01 and its 200-day moving average price is $1.67. DeFi Technologies has a 52-week low of $0.21 and a 52-week high of $2.64. The company has a market cap of $698.02 million and a PE ratio of 11.40.

About DeFi Technologies

(Get Free Report)

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.

See Also

Receive News & Ratings for DeFi Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DeFi Technologies and related companies with MarketBeat.com's FREE daily email newsletter.