Neptune Digital Assets (CVE:NDA) Trading Down 13.5% – Should You Sell?

Neptune Digital Assets Corp. (CVE:NDAGet Free Report) shares were down 13.5% during mid-day trading on Friday . The stock traded as low as C$1.31 and last traded at C$1.34. Approximately 828,087 shares were traded during trading, a decline of 20% from the average daily volume of 1,032,416 shares. The stock had previously closed at C$1.55.

Analyst Upgrades and Downgrades

Separately, HC Wainwright raised their target price on shares of Neptune Digital Assets from C$2.00 to C$3.00 in a research note on Thursday, January 30th.

Get Our Latest Stock Analysis on Neptune Digital Assets

Neptune Digital Assets Price Performance

The firm has a 50-day simple moving average of C$1.63 and a 200 day simple moving average of C$1.19. The company has a market capitalization of C$170.14 million, a PE ratio of 27.93 and a beta of 3.25.

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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