Neptune Digital Assets Corp. (CVE:NDA - Get Free Report)'s share price shot up 18.4% on Wednesday . The company traded as high as C$2.63 and last traded at C$2.57. 2,324,853 shares traded hands during trading, an increase of 70% from the average session volume of 1,364,454 shares. The stock had previously closed at C$2.17.
Analyst Ratings Changes
Separately, HC Wainwright upped their price objective on shares of Neptune Digital Assets from C$1.00 to C$2.00 and gave the stock a "buy" rating in a report on Monday, December 23rd.
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Neptune Digital Assets Stock Up 28.1 %
The company has a current ratio of 70.04, a quick ratio of 4.84 and a debt-to-equity ratio of 1.96. The firm has a market capitalization of C$353.76 million, a price-to-earnings ratio of -8.67 and a beta of 3.25. The firm has a fifty day moving average price of C$1.12 and a 200 day moving average price of C$0.66.
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.
Further Reading
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