Neptune Digital Assets (CVE:NDA) Shares Up 20.7% – Here’s What Happened

Neptune Digital Assets Corp. (CVE:NDAGet Free Report) shares shot up 20.7% on Thursday . The stock traded as high as C$1.89 and last traded at C$1.81. 884,264 shares changed hands during trading, a decline of 29% from the average session volume of 1,242,540 shares. The stock had previously closed at C$1.50.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Analysis on NDA

Neptune Digital Assets Stock Up 20.7 %

The firm’s fifty day moving average price is C$1.58 and its two-hundred day moving average price is C$0.95. The stock has a market capitalization of C$229.82 million, a PE ratio of 37.73 and a beta of 3.25.

Neptune Digital Assets Company Profile

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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.

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