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Neptune Digital Assets (CVE:NDA) Trading Up 28.1% Following Analyst Upgrade

Neptune Digital Assets logo with Financial Services background

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

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