Neptune Digital Assets (CVE:NDA) Shares Up 16% - Still a Buy?

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report)'s share price traded up 16% during trading on Tuesday . The stock traded as high as C$1.53 and last traded at C$1.52. 985,437 shares were traded during trading, a decline of 0% from the average session volume of 985,870 shares. The stock had previously closed at C$1.31.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright upped their price objective on Neptune Digital Assets from C$2.00 to C$3.00 in a research note on Thursday, January 30th.

Neptune Digital Assets Stock Up 16.7 %

The stock has a 50-day simple moving average of C$1.53 and a two-hundred day simple moving average of C$1.28. The firm has a market cap of C$222.20 million, a PE ratio of 36.48 and a beta of 3.25.

Neptune Digital Assets Company Profile

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.