Shares of Neptune Digital Assets Corp. (CVE:NDA – Get 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
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
- Five stocks we like better than Neptune Digital Assets
- What is a buyback in stocks? A comprehensive guide for investors
- Nebius Group: Market Overreaction or Real AI Disruption?
- Learn Technical Analysis Skills to Master the Stock Market
- The Best Way to Invest in Gold Is…
- How to Start Investing in Real Estate
- Why Nike Stock Could Be 2025’s Top Comeback Play
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.