Shares of Neptune Digital Assets Corp. (CVE:NDA – Get Free Report) were up 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 Price Performance
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 business has a fifty day moving average of C$1.23 and a 200 day moving average of C$0.71. The firm has a market cap of C$319.40 million, a P/E ratio of -8.67 and a beta of 3.25.
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.
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