Neptune Digital Assets (CVE:NDA) Shares Up 42.9% – Still a Buy?

Neptune Digital Assets Corp. (CVE:NDAGet Free Report) shares rose 42.9% during trading on Wednesday . The stock traded as high as C$1.17 and last traded at C$1.00. Approximately 2,449,807 shares changed hands during mid-day trading, an increase of 302% from the average daily volume of 610,100 shares. The stock had previously closed at C$0.70.

Neptune Digital Assets Trading Down 5.2%

The company has a market cap of C$116.92 million, a price-to-earnings ratio of -92.00 and a beta of 2.23. The stock’s 50 day moving average price is C$0.86 and its 200 day moving average price is C$1.15.

Neptune Digital Assets Company Profile

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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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