Shares of Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) dropped 13.5% on Friday . The stock traded as low as C$1.31 and last traded at C$1.34. Approximately 828,087 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 1,032,416 shares. The stock had previously closed at C$1.55.
Analyst Upgrades and Downgrades
Separately, HC Wainwright lifted their target price on shares of Neptune Digital Assets from C$2.00 to C$3.00 in a research report on Thursday, January 30th.
Get Our Latest Analysis on NDA
Neptune Digital Assets Price Performance
The stock has a market capitalization of C$171.41 million, a PE ratio of 28.14 and a beta of 3.25. The firm's 50 day simple moving average is C$1.59 and its 200 day simple moving average is C$1.22.
About Neptune Digital Assets
(
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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.
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