Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) traded up 29% during mid-day trading on Saturday . The stock traded as high as C$2.24 and last traded at C$2.18. 5,148,632 shares were traded during trading, an increase of 329% from the average session volume of 1,200,339 shares. The stock had previously closed at C$1.69.
Analyst Upgrades and Downgrades
Separately, HC Wainwright raised their price objective on shares of Neptune Digital Assets from C$1.00 to C$2.00 and gave the company a "buy" rating in a research note on Monday, December 23rd.
Read Our Latest Stock Analysis on Neptune Digital Assets
Neptune Digital Assets Stock Performance
The company has a market cap of C$277.41 million, a price-to-earnings ratio of -8.67 and a beta of 3.25. The stock's fifty day simple moving average is C$1.07 and its 200 day simple moving average is C$0.63. The company has a current ratio of 70.04, a quick ratio of 4.84 and a debt-to-equity ratio of 1.96.
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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