Neptune Digital Assets Corp. (CVE:NDA - Get Free Report)'s share price rose 28.1% during mid-day trading on Thursday after HC Wainwright raised their price target on the stock from C$2.00 to C$3.00. The company traded as high as C$2.79 and last traded at C$2.78. Approximately 3,322,909 shares were traded during trading, an increase of 134% from the average daily volume of 1,417,269 shares. The stock had previously closed at C$2.17.
Neptune Digital Assets Stock Down 4.8 %
The company has a debt-to-equity ratio of 1.96, a current ratio of 70.04 and a quick ratio of 4.84. The firm has a market capitalization of C$304.13 million, a P/E ratio of -8.67 and a beta of 3.25. The business has a 50 day moving average price of C$1.23 and a 200 day moving average price of C$0.71.
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
Before you consider Neptune Digital Assets, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Neptune Digital Assets wasn't on the list.
While Neptune Digital Assets currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.