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Neptune Digital Assets (CVE:NDA) Trading Up 19.4% - Time to Buy?

Neptune Digital Assets logo with Financial Services background

Key Points

  • Neptune Digital Assets Corp. shares increased by 19.4% during trading, reaching a high of C$1.31 and closing at C$1.17.
  • The increase in stock price coincided with a trading volume of over 1 million shares, a 49% increase from the average volume.
  • Neptune Digital Assets specializes in digital currency infrastructure, including Bitcoin mining, staking, and DeFi investments.
  • Five stocks we like better than Neptune Digital Assets.

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) shares were up 19.4% during trading on Wednesday . The stock traded as high as C$1.31 and last traded at C$1.17. Approximately 1,033,394 shares changed hands during mid-day trading, an increase of 49% from the average daily volume of 695,207 shares. The stock had previously closed at C$0.98.

Neptune Digital Assets Trading Down 3.9%

The stock has a market cap of C$155.05 million, a P/E ratio of -122.00 and a beta of 2.18. The firm's fifty day moving average is C$1.24 and its 200 day moving average is C$1.46.

About Neptune Digital Assets

(Get Free Report)

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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