Neptune Digital Assets (CVE:NDA) Trading Up 17.1% – What’s Next?

Posted by James Quigley on Jan 31st, 2025

Neptune Digital Assets Corp. (CVE:NDA – Get Free Report) was up 17.1% during trading on Wednesday . The company traded as high as C$2.55 and last traded at C$2.54. Approximately 871,486 shares traded hands during trading, a decline of 32% from the average daily volume of 1,280,731 shares. The stock had previously closed at C$2.17.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Report on Neptune Digital Assets

Neptune Digital Assets Price Performance

The stock has a market capitalization of C$333.40 million, a price-to-earnings ratio of -8.67 and a beta of 3.25. The company has a current ratio of 70.04, a quick ratio of 4.84 and a debt-to-equity ratio of 1.96. The stock has a 50-day simple moving average of C$1.20 and a 200 day simple moving average of C$0.69.

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.