Neptune Digital Assets (CVE:NDA) Trading 20.7% Higher – Time to Buy?

Neptune Digital Assets Corp. (CVE:NDAGet Free Report)’s stock price was up 20.7% on Thursday . The stock traded as high as C$1.89 and last traded at C$1.81. Approximately 884,264 shares traded hands during trading, a decline of 29% from the average daily volume of 1,242,540 shares. The stock had previously closed at C$1.50.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock Analysis on Neptune Digital Assets

Neptune Digital Assets Stock Performance

The firm has a market capitalization of C$229.82 million, a price-to-earnings ratio of 37.73 and a beta of 3.25. The company has a fifty day moving average of C$1.58 and a two-hundred day moving average of C$0.95.

About Neptune Digital Assets

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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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