Neptune Digital Assets (CVE:NDA) Shares Up 28.1% Following Analyst Upgrade

Shares of Neptune Digital Assets Corp. (CVE:NDAGet Free Report) rose 28.1% during trading on Thursday after HC Wainwright raised their price target on the stock from C$2.00 to C$3.00. The company traded as high as C$2.79 and last traded at C$2.78. Approximately 3,322,909 shares changed hands during mid-day trading, an increase of 134% from the average daily volume of 1,417,269 shares. The stock had previously closed at C$2.17.

Neptune Digital Assets Stock Performance

The stock has a market capitalization of C$319.40 million, a P/E ratio of -8.67 and a beta of 3.25. The company has a quick ratio of 4.84, a current ratio of 70.04 and a debt-to-equity ratio of 1.96. The firm has a 50-day moving average of C$1.23 and a 200 day moving average of C$0.71.

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.

Featured Articles

Receive News & Ratings for Neptune Digital Assets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neptune Digital Assets and related companies with MarketBeat.com's FREE daily email newsletter.