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Neptune Digital Assets (CVE:NDA) Shares Up 16% - Here's What Happened

Neptune Digital Assets logo with Financial Services background

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) shares shot up 16% on Tuesday . The company traded as high as C$1.53 and last traded at C$1.52. 985,437 shares traded hands during mid-day trading, a decline of 0% from the average session volume of 985,870 shares. The stock had previously closed at C$1.31.

Analyst Upgrades and Downgrades

Separately, HC Wainwright raised 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.

Check Out Our Latest Report on Neptune Digital Assets

Neptune Digital Assets Stock Performance

The firm has a market cap of C$217.76 million, a price-to-earnings ratio of 35.75 and a beta of 3.25. The business has a fifty day simple moving average of C$1.52 and a 200-day simple moving average of C$1.26.

Neptune Digital Assets Company Profile

(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.

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