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

Neptune Digital Assets logo with Financial Services background

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) was up 16% during trading on Tuesday . The stock traded as high as C$1.53 and last traded at C$1.52. Approximately 985,437 shares changed hands during trading, a decline of 0% from the average daily volume of 985,478 shares. The stock had previously closed at C$1.31.

Analyst Ratings Changes

Separately, HC Wainwright increased their price objective 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 Neptune Digital Assets

Neptune Digital Assets Trading Up 16.7 %

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

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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