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Neptune Digital Assets (CVE:NDA) Stock Price Up 11.3% - Still a Buy?

Neptune Digital Assets logo with Financial Services background
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Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) shares traded up 11.3% on Wednesday . The company traded as high as C$1.67 and last traded at C$1.67. 161,481 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 1,134,619 shares. The stock had previously closed at C$1.50.

Wall Street Analysts Forecast Growth

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

Get Our Latest Research Report on NDA

Neptune Digital Assets Trading Up 15.8 %

The company has a market capitalization of C$251.40 million, a PE ratio of 41.28 and a beta of 3.25. The firm has a 50 day simple moving average of C$1.71 and a two-hundred day simple moving average of C$1.06.

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.

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