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Neptune Digital Assets (CVE:NDA) Shares Down 13.5% - Time to Sell?

Neptune Digital Assets logo with Financial Services background

Shares of Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) traded down 13.5% during mid-day trading on Friday . The company traded as low as C$1.31 and last traded at C$1.34. 828,087 shares were traded during trading, a decline of 20% from the average session volume of 1,032,416 shares. The stock had previously closed at C$1.55.

Analyst Ratings Changes

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.

Get Our Latest Analysis on NDA

Neptune Digital Assets Stock Down 0.7 %

The firm has a 50-day moving average price of C$1.58 and a two-hundred day moving average price of C$1.22. The company has a market capitalization of C$172.68 million, a P/E ratio of 28.35 and a beta of 3.25.

Neptune Digital Assets Company Profile

(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.

Further Reading

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