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Neptune Digital Assets (CVE:NDA) Trading 16% Higher - Still a Buy?

Neptune Digital Assets logo with Financial Services background

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) shares were up 16% during mid-day trading on Tuesday . The company traded as high as C$1.53 and last traded at C$1.52. Approximately 985,437 shares were traded during mid-day trading, a decline of 0% from the average daily volume of 985,478 shares. The stock had previously closed at C$1.31.

Analyst Upgrades and Downgrades

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

View Our Latest Report on NDA

Neptune Digital Assets Stock Performance

The company has a market cap of C$222.20 million, a price-to-earnings ratio of 36.48 and a beta of 3.25. The stock's fifty day moving average is C$1.53 and its two-hundred day moving average is C$1.28.

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.

Further Reading

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