Shares of Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) rose 10% during trading on Wednesday . The company traded as high as C$1.68 and last traded at C$1.65. Approximately 209,191 shares changed hands during trading, a decline of 82% from the average daily volume of 1,136,617 shares. The stock had previously closed at C$1.50.
Analysts Set New Price Targets
Separately, HC Wainwright raised their price objective on shares of Neptune Digital Assets from C$2.00 to C$3.00 in a research note on Thursday, January 30th.
Check Out Our Latest Stock Report on NDA
Neptune Digital Assets Price Performance
The firm has a market capitalization of C$251.40 million, a PE ratio of 41.28 and a beta of 3.25. The company has a 50-day moving average price of C$1.71 and a 200-day moving average price of C$1.06.
Neptune Digital Assets Company Profile
(
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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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