Neptune Digital Assets (CVE:NDA) Trading 10.7% Higher - Here's What Happened

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report)'s stock price was up 10.7% during mid-day trading on Tuesday . The stock traded as high as C$1.47 and last traded at C$1.45. Approximately 693,717 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 981,679 shares. The stock had previously closed at C$1.31.

Analyst Upgrades and Downgrades

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

Neptune Digital Assets Price Performance

The business's 50-day moving average price is C$1.52 and its 200 day moving average price is C$1.26. The firm has a market capitalization of C$215.85 million, a price-to-earnings ratio of 35.44 and a beta of 3.25.

Neptune Digital Assets Company Profile

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.