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Neptune Digital Assets (CVE:NDA) Stock Price Down 8% - Should You Sell?

Neptune Digital Assets logo with Financial Services background

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) traded down 8% during trading on Monday . The stock traded as low as C$1.57 and last traded at C$1.61. 470,629 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 949,787 shares. The stock had previously closed at C$1.75.

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.

Read Our Latest Stock Report on NDA

Neptune Digital Assets Stock Up 10.2 %

The company has a market capitalization of C$260.29 million, a PE ratio of 42.74 and a beta of 3.25. The stock's fifty day moving average price is C$1.57 and its two-hundred day moving average price is C$1.38.

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.

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