Neptune Digital Assets Corp. (CVE:NDA - Get Free Report)'s stock price shot up 14.5% during trading on Monday . The stock traded as high as C$1.36 and last traded at C$1.34. 444,427 shares traded hands during mid-day trading, an increase of 20% from the average session volume of 370,229 shares. The stock had previously closed at C$1.17.
Analyst Upgrades and Downgrades
Separately, HC Wainwright increased their price target on 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.
Get Our Latest Stock Analysis on Neptune Digital Assets
Neptune Digital Assets Stock Performance
The company's 50-day simple moving average is C$0.99 and its 200-day simple moving average is C$0.59. The stock has a market cap of C$170.52 million, a price-to-earnings ratio of -8.67 and a beta of 3.25. The company has a quick ratio of 4.84, a current ratio of 70.04 and a debt-to-equity ratio of 1.96.
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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