Neptune Digital Assets (CVE:NDA) Trading 29% Higher – Still a Buy?

Neptune Digital Assets Corp. (CVE:NDAGet Free Report) traded up 29% on Saturday . The stock traded as high as C$2.24 and last traded at C$2.18. 5,148,632 shares were traded during trading, an increase of 329% from the average session volume of 1,200,339 shares. The stock had previously closed at C$1.69.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright upped their price objective on Neptune Digital Assets from C$1.00 to C$2.00 and gave the stock a “buy” rating in a report on Monday, December 23rd.

View Our Latest Stock Analysis on Neptune Digital Assets

Neptune Digital Assets Trading Up 29.0 %

The company has a quick ratio of 4.84, a current ratio of 70.04 and a debt-to-equity ratio of 1.96. The stock’s 50 day moving average is C$1.07 and its 200-day moving average is C$0.64. The company has a market cap of C$277.41 million, a PE ratio of -8.67 and a beta of 3.25.

About Neptune Digital Assets

(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.

See Also

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.