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Neptune Digital Assets (CVE:NDA) Trading Up 16% - Still a Buy?

Neptune Digital Assets logo with Financial Services background

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report)'s stock price traded up 16% during mid-day trading on Tuesday . The stock traded as high as C$1.53 and last traded at C$1.52. 985,437 shares were traded during mid-day trading, a decline of 0% from the average session volume of 985,870 shares. The stock had previously closed at C$1.31.

Analysts Set New Price Targets

Separately, HC Wainwright raised their price objective on Neptune Digital Assets from C$2.00 to C$3.00 in a report on Thursday, January 30th.

Read Our Latest Stock Analysis on NDA

Neptune Digital Assets Stock Up 16.7 %

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 50-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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