Shares of Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) were up 28.1% during trading on Thursday . The company traded as high as C$2.79 and last traded at C$2.78. Approximately 3,322,909 shares traded hands during mid-day trading, an increase of 134% from the average daily volume of 1,417,269 shares. The stock had previously closed at C$2.17.
Wall Street Analyst Weigh In
Separately, HC Wainwright increased their target price on shares of Neptune Digital Assets from C$2.00 to C$3.00 in a research note on Thursday.
Get Our Latest Report on Neptune Digital Assets
Neptune Digital Assets Price Performance
The company has a debt-to-equity ratio of 1.96, a quick ratio of 4.84 and a current ratio of 70.04. The stock has a market capitalization of C$341.03 million, a price-to-earnings ratio of -8.67 and a beta of 3.25. The company has a 50 day moving average of C$1.16 and a 200 day moving average of C$0.68.
About Neptune Digital Assets
(
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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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