Neptune Digital Assets (CVE:NDA) Shares Down 17.2% - What's Next?

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report)'s stock price traded down 17.2% during mid-day trading on Tuesday . The stock traded as low as C$1.20 and last traded at C$1.30. 1,109,065 shares changed hands during mid-day trading, a decline of 11% from the average session volume of 1,248,068 shares. The stock had previously closed at C$1.57.

Analysts Set New Price Targets

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

Neptune Digital Assets Stock Performance

The business has a fifty day moving average of C$1.54 and a two-hundred day moving average of C$0.91. The firm has a market capitalization of C$185.38 million, a price-to-earnings ratio of 30.44 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.