Shares of Neptune Digital Assets Corp. (CVE:NDA – Get Free Report) were up 28.1% during mid-day trading on Thursday after HC Wainwright raised their price target on the stock from C$2.00 to C$3.00. The stock traded as high as C$2.79 and last traded at C$2.78. Approximately 3,322,909 shares changed hands during trading, an increase of 134% from the average daily volume of 1,417,269 shares. The stock had previously closed at C$2.17.
Neptune Digital Assets Stock Down 6.3 %
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’s 50-day moving average price is C$1.23 and its 200-day moving average price is C$0.71. The stock has a market cap of C$319.40 million, a price-to-earnings ratio of -8.67 and a beta of 3.25.
About Neptune Digital Assets
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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