Neptune Digital Assets (CVE:NDA) Price Target Raised to C$2.00

Neptune Digital Assets (CVE:NDA) had its target price upped by HC Wainwright from C$1.00 to C$2.00 in a report released on Monday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Neptune Digital Assets Stock Down 7.9 %

Shares of CVE:NDA opened at C$1.05 on Monday. The company has a market capitalization of C$133.61 million, a PE ratio of -8.67 and a beta of 3.25. The company has a debt-to-equity ratio of 1.96, a quick ratio of 4.84 and a current ratio of 70.04. The company’s fifty day moving average is C$0.86 and its 200-day moving average is C$0.48. Neptune Digital Assets has a 52 week low of C$0.23 and a 52 week high of C$1.28.

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.