Neptune Digital Assets (CVE:NDA) Trading 20.7% Higher – Should You Buy?

Posted by Stacy Sanders on Mar 5th, 2025

Neptune Digital Assets Corp. (CVE:NDA – Get Free Report)’s stock price rose 20.7% on Wednesday . The company traded as high as C$1.89 and last traded at C$1.81. Approximately 884,264 shares traded hands during trading, a decline of 29% from the average daily volume of 1,242,540 shares. The stock had previously closed at C$1.50.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Report on Neptune Digital Assets

Neptune Digital Assets Trading Up 20.7 %

The company has a 50 day simple moving average of C$1.56 and a 200 day simple moving average of C$0.94. The stock has a market capitalization of C$229.82 million, a PE ratio of 37.73 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.