Neptune Digital Assets (CVE:NDA) Shares Down 17.2% – Here’s What Happened

Neptune Digital Assets Corp. (CVE:NDAGet Free Report) shares fell 17.2% on Tuesday . The company traded as low as C$1.20 and last traded at C$1.30. 1,109,065 shares were traded during trading, a decline of 11% from the average session volume of 1,248,068 shares. The stock had previously closed at C$1.57.

Wall Street Analyst Weigh In

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

View Our Latest Research Report on NDA

Neptune Digital Assets Stock Performance

The company has a market capitalization of C$170.14 million, a PE ratio of 27.93 and a beta of 3.25. The stock has a 50 day moving average price of C$1.52 and a two-hundred day moving average price of C$0.89.

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.

Further Reading

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