Neptune Digital Assets (CVE:NDA) Stock Price Down 5.4% – What’s Next?

Posted by Jared Coughlin on Feb 1st, 2025

Neptune Digital Assets Corp. (CVE:NDA – Get Free Report)’s stock price traded down 5.4% on Thursday . The company traded as low as C$2.54 and last traded at C$2.63. 572,297 shares traded hands during trading, a decline of 58% from the average session volume of 1,358,915 shares. The stock had previously closed at C$2.78.

Analyst Ratings Changes

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

Read Our Latest Stock Report on NDA

Neptune Digital Assets Trading Down 6.3 %

The company has a market capitalization of C$319.40 million, a PE ratio of -8.67 and a beta of 3.25. The company has a quick ratio of 4.84, a current ratio of 70.04 and a debt-to-equity ratio of 1.96. The stock’s fifty day moving average price is C$1.23 and its two-hundred day moving average price is C$0.71.

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.