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

Neptune Digital Assets Corp. (CVE:NDAGet Free Report)’s share price was up 20.7% during trading on Wednesday . The stock traded as high as C$1.89 and last traded at C$1.81. Approximately 884,264 shares were traded during trading, a decline of 29% from the average daily volume of 1,238,745 shares. The stock had previously closed at C$1.50.

Analyst Ratings Changes

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

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Neptune Digital Assets Price 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 business’s 50 day moving average price is C$1.56 and its 200-day moving average price is C$0.94.

Neptune Digital Assets Company Profile

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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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