Neptune Digital Assets (CVE:NDA) Stock Price Up 23.1% – Still a Buy?

Posted by Paula Ricardo on Jan 24th, 2025

Neptune Digital Assets Corp. (CVE:NDA – Get Free Report)’s stock price was up 23.1% during trading on Friday . The stock traded as high as C$2.14 and last traded at C$2.08. Approximately 3,068,166 shares were traded during trading, an increase of 185% from the average daily volume of 1,075,315 shares. The stock had previously closed at C$1.69.

Analyst Ratings Changes

Separately, HC Wainwright upped their target price on shares of Neptune Digital Assets from C$1.00 to C$2.00 and gave the stock a “buy” rating in a report on Monday, December 23rd.

View Our Latest Analysis on Neptune Digital Assets

Neptune Digital Assets Stock Up 23.1 %

The company has a market cap of C$264.68 million, a P/E ratio of -8.67 and a beta of 3.25. 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 company has a 50 day moving average of C$1.05 and a 200-day moving average of C$0.62.

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.