Neptune Digital Assets (CVE:NDA) Stock Price Down 14.2% – Here’s Why

Neptune Digital Assets Corp. (CVE:NDAGet Free Report)’s share price fell 14.2% on Thursday . The company traded as low as C$1.31 and last traded at C$1.33. 803,402 shares were traded during trading, a decline of 22% from the average session volume of 1,031,527 shares. The stock had previously closed at C$1.55.

Analyst Ratings Changes

Separately, HC Wainwright lifted their price target 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 Report on NDA

Neptune Digital Assets Trading Down 13.5 %

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 price of C$1.65 and a 200 day moving average price of C$1.19.

About Neptune Digital Assets

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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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