Shares of Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) were down 5.4% during mid-day trading on Thursday . The stock traded as low as C$2.54 and last traded at C$2.63. Approximately 572,297 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 1,358,915 shares. The stock had previously closed at C$2.78.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright increased their target price on shares of Neptune Digital Assets from C$2.00 to C$3.00 in a research report on Thursday.
Get Our Latest Research Report on Neptune Digital Assets
Neptune Digital Assets Stock Performance
The stock has a market capitalization of C$304.13 million, a P/E ratio of -8.67 and a beta of 3.25. The company has a quick ratio of 4.84, a current ratio of 70.04 and a debt-to-equity ratio of 1.96. The firm has a 50-day moving average of C$1.23 and a 200 day moving average of C$0.71.
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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