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Neptune Digital Assets (CVE:NDA) Stock Price Up 10.7% - Here's Why

Neptune Digital Assets logo with Financial Services background

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) rose 10.7% on Tuesday . The company traded as high as C$1.47 and last traded at C$1.45. Approximately 693,717 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 981,679 shares. The stock had previously closed at C$1.31.

Wall Street Analyst Weigh In

Separately, HC Wainwright boosted their price objective on 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 Neptune Digital Assets

Neptune Digital Assets Price Performance

The firm has a market capitalization of C$222.20 million, a PE ratio of 36.48 and a beta of 3.25. The company's fifty day simple moving average is C$1.53 and its 200-day simple moving average is C$1.28.

Neptune Digital Assets Company Profile

(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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