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Neptune Digital Assets (CVE:NDA) Stock Price Up 19.4% - Here's Why

Neptune Digital Assets logo with Financial Services background

Key Points

  • Neptune Digital Assets Corp.'s shares surged by 19.4% during mid-day trading, climbing to a high of C$1.31 from a previous close of C$0.98.
  • The company's market cap stands at C$148.70 million and it operates in areas including Bitcoin mining, cryptocurrency staking, and decentralized finance.
  • Trading volume increased significantly with approximately 1,033,394 shares exchanged, marking a 49% rise from the average daily volume.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) were up 19.4% on Wednesday . The stock traded as high as C$1.31 and last traded at C$1.17. Approximately 1,033,394 shares were traded 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 Stock Up 9.5%

The firm has a market capitalization of C$161.41 million, a price-to-earnings ratio of -127.00 and a beta of 2.18. The company has a fifty day moving average price of C$1.24 and a two-hundred day moving average price of 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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