Neptune Digital Assets (CVE:NDA) Trading Down 17.8% – Should You Sell?

Posted by Dante Gardener on Feb 25th, 2025

Shares of Neptune Digital Assets Corp. (CVE:NDA – Get Free Report) traded down 17.8% during mid-day trading on Tuesday . The stock traded as low as C$1.20 and last traded at C$1.29. 1,104,665 shares traded hands during mid-day trading, a decline of 11% from the average session volume of 1,245,940 shares. The stock had previously closed at C$1.57.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Report on Neptune Digital Assets

Neptune Digital Assets Price Performance

The company has a market capitalization of C$170.14 million, a PE ratio of 27.93 and a beta of 3.25. The company’s fifty day moving average is C$1.52 and its 200-day moving average is C$0.89.

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.