Neptune Digital Assets (CVE:NDA) Trading Up 20.7% – What’s Next?

Neptune Digital Assets Corp. (CVE:NDA) shares traded up 20.7% on Thursday . The stock traded as high as C$1.89 and last traded at C$1.81. 884,264 shares changed hands during trading, a decline of 29% from the average session volume of 1,242,540 shares. The stock had previously closed at C$1.50.

Analyst Upgrades and Downgrades

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

Neptune Digital Assets Trading Up 20.7 %

The stock has a market cap of C$229.82 million, a P/E ratio of 37.73 and a beta of 3.25. The company’s 50-day simple moving average is C$1.58 and its 200 day simple moving average is C$0.95.

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.