Neptune Digital Assets (CVE:NDA) Trading Down 9.4% – Here’s What Happened

Posted by Jeff Wilder on Feb 24th, 2025

Neptune Digital Assets Corp. (CVE:NDA – Get Free Report) shares traded down 9.4% during trading on Monday . The stock traded as low as C$1.58 and last traded at C$1.59. 203,211 shares were traded during trading, a decline of 84% from the average session volume of 1,241,368 shares. The stock had previously closed at C$1.75.

Analysts Set New Price Targets

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

Read Our Latest Research Report on NDA

Neptune Digital Assets Stock Performance

The business has a 50 day simple moving average of C$1.51 and a 200-day simple moving average of C$0.88. The firm has a market capitalization of C$206.96 million, a price-to-earnings ratio of 33.98 and a beta of 3.25.

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.