Neptune Digital Assets (CVE:NDA) Trading Up 20.7% – Here’s What Happened

Neptune Digital Assets Corp. (CVE:NDAGet Free Report) was up 20.7% on Thursday . The company traded as high as C$1.89 and last traded at C$1.81. Approximately 884,264 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 1,242,540 shares. The stock had previously closed at C$1.50.

Wall Street Analyst Weigh In

Separately, HC Wainwright increased their price target on shares of Neptune Digital Assets from C$2.00 to C$3.00 in a research report on Thursday, January 30th.

Check Out Our Latest Research Report on NDA

Neptune Digital Assets Stock Performance

The company has a 50-day moving average of C$1.58 and a 200 day moving average of C$0.95. The firm has a market cap of C$229.82 million, a P/E ratio of 37.73 and a beta of 3.25.

Neptune Digital Assets Company Profile

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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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