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

Key Points

• Neptune Digital Assets Corp. shares surged by 19.4% on Tuesday, reaching a high of C$1.31 and last trading at C$1.17.
• Trading volume increased by 49% from the average, with over 1 million shares changing hands during the session.
• The company engages in various digital currency operations, including Bitcoin mining and cryptocurrency staking, with a market capitalization of C$148.70 million.

Neptune Digital Assets Corp. (CVE:NDA - ) shares shot up 19.4% on Tuesday . The stock 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 Up 19.4%

The company's 50 day simple moving average is C$1.26 and its two-hundred day simple moving average is C$1.46. The company has a market capitalization of C$148.70 million, a price-to-earnings ratio of -117.00 and a beta of 2.18.

Neptune Digital Assets Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.