Neptune Digital Assets (CVE:NDA) Trading Up 7.7% – Here’s What Happened

Neptune Digital Assets Corp. (CVE:NDA)’s stock price was up 7.7% on Friday . The stock traded as high as C$1.40 and last traded at C$1.40. Approximately 246,004 shares traded hands during trading, a decline of 80% from the average daily volume of 1,220,811 shares. The stock had previously closed at C$1.30.

Analysts Set New Price Targets

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

Neptune Digital Assets Trading Up 12.3 %

The stock has a market capitalization of C$185.38 million, a PE ratio of 30.44 and a beta of 3.25. The business’s 50 day moving average is C$1.54 and its 200 day moving average is C$0.92.

Neptune Digital Assets Company Profile

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.