Neptune Digital Assets (CVE:NDA) Stock Price Down 17.2% – Time to Sell?

Posted by James Quigley on Feb 25th, 2025

Shares of Neptune Digital Assets Corp. (CVE:NDA – Get Free Report) were down 17.2% during trading on Tuesday . The stock traded as low as C$1.20 and last traded at C$1.30. Approximately 1,109,065 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 1,248,068 shares. The stock had previously closed at C$1.57.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Report on NDA

Neptune Digital Assets Trading Down 14.6 %

The stock has a market cap of C$170.14 million, a PE ratio of 27.93 and a beta of 3.25. The business has a 50 day moving average of C$1.52 and a 200-day moving average of C$0.89.

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.