Neptune Digital Assets (CVE:NDA) Shares Down 7.1% – Should You Sell?

Shares of Neptune Digital Assets Corp. (CVE:NDAGet Free Report) dropped 7.1% during mid-day trading on Monday . The company traded as low as C$1.49 and last traded at C$1.50. Approximately 125,836 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 1,198,502 shares. The stock had previously closed at C$1.62.

Wall Street Analyst Weigh In

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

View Our Latest Report on NDA

Neptune Digital Assets Price Performance

The company has a market cap of C$186.65 million, a P/E ratio of 30.64 and a beta of 3.25. The company’s 50-day moving average is C$1.61 and its two-hundred day moving average is C$0.99.

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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