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Neptune Digital Assets (CVE:NDA) Trading Up 3.2% - Here's What Happened

Neptune Digital Assets logo with Financial Services background

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) rose 3.2% on Tuesday . The company traded as high as C$1.00 and last traded at C$0.98. Approximately 312,179 shares traded hands during mid-day trading, a decline of 2% from the average daily volume of 318,167 shares. The stock had previously closed at C$0.95.

Analyst Ratings Changes

Separately, HC Wainwright raised their target price on Neptune Digital Assets from C$1.00 to C$2.00 and gave the stock a "buy" rating in a research report on Monday, December 23rd.

Read Our Latest Stock Report on Neptune Digital Assets

Neptune Digital Assets Price Performance

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 company has a fifty day moving average of C$0.99 and a 200 day moving average of C$0.57. The firm has a market capitalization of C$128.52 million, a P/E ratio of -8.67 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.

Further Reading

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