Neptune Digital Assets (CVE:NDA) Shares Up 17.1% – What’s Next?

Posted by Caroline Horne on Jan 31st, 2025

Neptune Digital Assets Corp. (CVE:NDA – Get Free Report)’s share price traded up 17.1% during trading on Wednesday . The company traded as high as C$2.55 and last traded at C$2.54. 871,486 shares traded hands during trading, a decline of 32% from the average session volume of 1,280,731 shares. The stock had previously closed at C$2.17.

Analyst Ratings Changes

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

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Neptune Digital Assets Trading Down 2.2 %

The company’s 50 day moving average price is C$1.20 and its 200 day moving average price is C$0.69. The company has a debt-to-equity ratio of 1.96, a current ratio of 70.04 and a quick ratio of 4.84. The firm has a market cap of C$333.40 million, a PE ratio of -8.67 and a beta of 3.25.

Neptune Digital Assets Company Profile

(Get Free Report)

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.