Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) shares were up 28.1% on Wednesday . The stock traded as high as C$2.79 and last traded at C$2.78. Approximately 3,322,909 shares changed hands during trading, an increase of 134% from the average daily volume of 1,417,269 shares. The stock had previously closed at C$2.17.
Analyst Upgrades and Downgrades
Separately, HC Wainwright boosted their price objective 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 Price Performance
The company has a debt-to-equity ratio of 1.96, a quick ratio of 4.84 and a current ratio of 70.04. The business has a 50-day simple moving average of C$1.23 and a 200 day simple moving average of C$0.71. The firm has a market cap of C$319.40 million, a P/E ratio of -8.67 and a beta of 3.25.
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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