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Neptune Digital Assets (CVE:NDA) Trading Up 16% - Here's Why

Neptune Digital Assets logo with Financial Services background

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

Analysts Set New Price Targets

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

Get Our Latest Analysis on Neptune Digital Assets

Neptune Digital Assets Trading Up 16.0 %

The firm has a fifty day simple moving average of C$1.54 and a 200-day simple moving average of C$1.25. The stock has a market cap of C$193.00 million, a price-to-earnings 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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