Neptune Digital Assets (CVE:NDA) Trading 23.3% Higher – Here’s What Happened

Shares of Neptune Digital Assets Corp. (CVE:NDA) traded up 23.3% during mid-day trading on Monday . The stock traded as high as C$1.88 and last traded at C$1.80. 1,183,579 shares were traded during mid-day trading, a decline of 4% from the average session volume of 1,237,676 shares. The stock had previously closed at C$1.46.

Analyst Ratings Changes

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

Neptune Digital Assets Stock Up 5.5 %

The firm has a 50 day moving average of C$1.54 and a 200 day moving average of C$0.92. The firm has a market cap of C$195.54 million, a price-to-earnings ratio of 32.10 and a beta of 3.25.

About Neptune Digital Assets

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.