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

Neptune Digital Assets logo with Financial Services background

Shares of Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) shot up 16% on Wednesday . The stock 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 lifted their target price on shares of Neptune Digital Assets from C$2.00 to C$3.00 in a report on Thursday, January 30th.

Get Our Latest Stock Analysis on Neptune Digital Assets

Neptune Digital Assets Stock Up 16.7 %

The stock's fifty day simple moving average is C$1.52 and its 200-day simple moving average is C$1.26. The company has a market capitalization of C$222.20 million, a PE ratio of 36.48 and a beta of 3.25.

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

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