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Neptune Digital Assets (CVE:NDA) Trading 9.3% Higher - Still a Buy?

Neptune Digital Assets logo with Financial Services background

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) rose 9.3% during trading on Thursday . The stock traded as high as C$2.04 and last traded at C$2.00. Approximately 256,474 shares traded hands during trading, a decline of 72% from the average daily volume of 921,286 shares. The stock had previously closed at C$1.83.

Analysts Set New Price Targets

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

Check Out Our Latest Report on Neptune Digital Assets

Neptune Digital Assets Price Performance

The company has a 50-day moving average of C$1.64 and a two-hundred day moving average of C$1.45. The company has a market capitalization of C$227.28 million, a PE ratio of 37.32 and a beta of 3.25.

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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