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Neptune Digital Assets (CVE:NDA) Trading Down 7.1% - Here's What Happened

Neptune Digital Assets logo with Financial Services background
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Neptune Digital Assets Corp. (CVE:NDA - Get Free Report)'s share price was down 7.1% during trading on Monday . The company traded as low as C$1.49 and last traded at C$1.50. Approximately 125,836 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 1,198,502 shares. The stock had previously closed at C$1.62.

Analysts Set New Price Targets

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

Read Our Latest Analysis on NDA

Neptune Digital Assets Stock Up 11.7 %

The stock has a market capitalization of C$194.27 million, a PE ratio of 31.90 and a beta of 3.25. The company has a 50-day moving average of C$1.64 and a 200 day moving average of C$1.00.

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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