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

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

Analysts Set New Price Targets

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

Neptune Digital Assets Trading Down 0.3 %

The stock has a market capitalization of C$205.06 million, a PE ratio of 33.67 and a beta of 3.25. The firm’s fifty day moving average price is C$1.59 and its two-hundred day moving average price is C$0.95.

Neptune Digital Assets Company Profile

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.