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

Neptune Digital Assets logo with Financial Services background

Key Points

  • Neptune Digital Assets Corp. experienced a significant share price increase of 19.4%, reaching a trading price of C$1.17 on Wednesday.
  • The company had a trading volume of 1,033,394 shares, marking a 49% increase compared to its average session volume.
  • Neptune Digital Assets focuses on digital currency infrastructure, engaging in activities like Bitcoin mining, cryptocurrency staking, and lending various digital currencies.
  • MarketBeat previews the top five stocks to own by November 1st.

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

Neptune Digital Assets Stock Performance

The company has a market cap of C$155.05 million, a PE ratio of -122.00 and a beta of 2.18. The stock's 50 day moving average price is C$1.24 and its 200-day moving average price 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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