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Neptune Digital Assets (CVE:NDA) Shares Down 13.5% - Here's Why

Neptune Digital Assets logo with Financial Services background

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report)'s stock price fell 13.5% during mid-day trading on Friday . The company traded as low as C$1.31 and last traded at C$1.34. 828,087 shares changed hands during trading, a decline of 20% from the average session volume of 1,032,416 shares. The stock had previously closed at C$1.55.

Wall Street Analyst Weigh In

Separately, HC Wainwright lifted their price objective on Neptune Digital Assets from C$2.00 to C$3.00 in a research report on Thursday, January 30th.

Read Our Latest Research Report on NDA

Neptune Digital Assets Trading Down 0.7 %

The company has a market cap of C$172.68 million, a PE ratio of 28.35 and a beta of 3.25. The firm has a 50 day moving average of C$1.58 and a two-hundred day moving average of C$1.22.

About Neptune Digital Assets

(Get Free Report)

Neptune Digital Assets Corp. builds, owns, and operates digital currency infrastructure assets in Canada. The company stakes and lends various digital currencies. It also engages in the Bitcoin mining, node operations, cryptocurrency staking, and decentralized finance (DeFi) tokens, as well as invests in liquidity mining pools.

Further Reading

Should You Invest $1,000 in Neptune Digital Assets Right Now?

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