Neptune Digital Assets (CVE:NDA) Shares Down 7.1% – Here’s Why

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

Analyst Ratings Changes

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

Read Our Latest Report on Neptune Digital Assets

Neptune Digital Assets Trading Down 10.2 %

The company has a market cap of C$184.11 million, a P/E ratio of 30.23 and a beta of 3.25. The firm has a 50 day moving average of C$1.60 and a 200-day moving average of C$0.97.

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.

Further Reading

Receive News & Ratings for Neptune Digital Assets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neptune Digital Assets and related companies with MarketBeat.com's FREE daily email newsletter.