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Neptune Digital Assets (CVE:NDA) Trading 16% Higher - Still a Buy?

Neptune Digital Assets logo with Financial Services background

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

Wall Street Analysts Forecast Growth

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

Read Our Latest Report on Neptune Digital Assets

Neptune Digital Assets Price Performance

The stock's 50 day simple moving average is C$1.54 and its 200-day simple moving average is C$1.25. The company has a market capitalization of C$193.00 million, a PE ratio of 31.69 and a beta of 3.25.

About Neptune Digital Assets

(Get Free Report)

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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