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Neptune Digital Assets (CVE:NDA) Shares Up 16% - Time to Buy?

Neptune Digital Assets logo with Financial Services background

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report)'s stock price shot up 16% during mid-day trading on Wednesday . The company traded as high as C$1.53 and last traded at C$1.52. 985,437 shares traded hands 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 upped their price objective on shares of Neptune Digital Assets from C$2.00 to C$3.00 in a research note on Thursday, January 30th.

Read Our Latest Stock Report on NDA

Neptune Digital Assets Stock Performance

The firm has a market cap of C$215.85 million, a PE ratio of 35.44 and a beta of 3.25. The stock has a fifty day moving average price of C$1.53 and a 200-day moving average price of C$1.30.

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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