Neptune Digital Assets (CVE:NDA) Trading Up 28.1% on Analyst Upgrade

Neptune Digital Assets Corp. (CVE:NDAGet Free Report) shares shot up 28.1% during mid-day trading on Thursday after HC Wainwright raised their price target on the stock from C$2.00 to C$3.00. The stock traded as high as C$2.79 and last traded at C$2.78. 3,322,909 shares traded hands during trading, an increase of 134% from the average session volume of 1,417,269 shares. The stock had previously closed at C$2.17.

Neptune Digital Assets Trading Down 6.3 %

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’s 50 day moving average is C$1.23 and its two-hundred day moving average is C$0.71. The firm has a market capitalization of C$319.40 million, a P/E ratio of -8.67 and a beta of 3.25.

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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