Neptune Digital Assets (CVE:NDA) Stock Price Up 29% – Still a Buy?

Posted by James Quigley on Jan 25th, 2025

Neptune Digital Assets Corp. (CVE:NDA – Get Free Report)’s share price rose 29% during trading on Friday . The stock traded as high as C$2.24 and last traded at C$2.18. Approximately 5,148,632 shares were traded during trading, an increase of 329% from the average daily volume of 1,200,339 shares. The stock had previously closed at C$1.69.

Analysts Set New Price Targets

Separately, HC Wainwright upped their target price on shares of Neptune Digital Assets from C$1.00 to C$2.00 and gave the company a “buy” rating in a research note on Monday, December 23rd.

Read Our Latest Stock Analysis on NDA

Neptune Digital Assets Trading Up 29.0 %

The firm has a market cap of C$277.41 million, a P/E 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 firm has a fifty day moving average of C$1.07 and a 200-day moving average of C$0.63.

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.