Neptune Digital Assets (CVE:NDA) Trading Up 28.1% – What’s Next?

Posted by Latisha Jones on Jan 30th, 2025

Shares of Neptune Digital Assets Corp. (CVE:NDA – Get Free Report) were up 28.1% on Thursday . The stock traded as high as C$2.79 and last traded at C$2.78. Approximately 3,322,909 shares traded hands during trading, an increase of 134% from the average daily volume of 1,417,269 shares. The stock had previously closed at C$2.17.

Wall Street Analyst Weigh In

Separately, HC Wainwright lifted their target price on 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.

Read Our Latest Research Report on NDA

Neptune Digital Assets Price Performance

The company has a 50 day simple moving average of C$1.16 and a 200-day simple moving average of C$0.68. The stock has a market cap of C$353.76 million, a price-to-earnings ratio of -8.67 and a beta of 3.25. The company has a current ratio of 70.04, a quick ratio of 4.84 and a debt-to-equity ratio of 1.96.

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.