Neptune Digital Assets (CVE:NDA) Stock Price Up 12.4% – Here’s What Happened

Shares of Neptune Digital Assets Corp. (CVE:NDAGet Free Report) rose 12.4% during mid-day trading on Monday . The stock traded as high as C$1.00 and last traded at C$1.00. Approximately 384,560 shares changed hands during trading, an increase of 71% from the average daily volume of 225,269 shares. The stock had previously closed at C$0.89.

Neptune Digital Assets Stock Up 6.2%

The company’s fifty day moving average price is C$0.95 and its 200-day moving average price is C$0.88. The stock has a market capitalization of C$121.23 million, a PE ratio of -31.50 and a beta of 0.47. The company has a quick ratio of 4.84, a current ratio of 1.59 and a debt-to-equity ratio of 25.03.

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. The company was formerly known as Neptune Dash Technologies Corp. and changed its name to Neptune Digital Assets Corp. in December 2020. Neptune Digital Assets Corp. was founded in 2017 and is headquartered in Vancouver, Canada.

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