Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) was up 19.4% during trading on Wednesday . The company traded as high as C$2.63 and last traded at C$2.59. Approximately 2,235,871 shares traded hands during trading, an increase of 65% from the average daily volume of 1,356,072 shares. The stock had previously closed at C$2.17.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright raised their price target on shares of Neptune Digital Assets from C$1.00 to C$2.00 and gave the company a "buy" rating in a report on Monday, December 23rd.
Read Our Latest Research Report on NDA
Neptune Digital Assets Stock Performance
The firm has a market capitalization of C$353.76 million, a PE ratio of -8.67 and a beta of 3.25. The company has a debt-to-equity ratio of 1.96, a current ratio of 70.04 and a quick ratio of 4.84. The stock has a 50-day moving average price of C$1.12 and a 200-day moving average price of C$0.66.
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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