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Neptune Digital Assets (CVE:NDA) Shares Up 16% - Here's Why

Neptune Digital Assets logo with Financial Services background

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report)'s share price shot up 16% during trading on Wednesday . 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.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Analysis on NDA

Neptune Digital Assets Stock Down 2.9 %

The stock has a market cap of C$215.85 million, a P/E ratio of 35.44 and a beta of 3.25. The company's 50 day moving average price is C$1.53 and its 200-day moving average price is C$1.29.

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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