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

Neptune Digital Assets logo with Financial Services background

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.
  • Interested in Neptune Digital Assets? Here are five stocks we like better.

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) shares shot up 19.4% during trading on Tuesday . The company traded as high as C$1.31 and last traded at C$1.17. 1,033,394 shares were traded during 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 business has a 50-day simple moving average of C$1.24 and a 200 day simple moving average of C$1.46. The firm has a market cap of C$161.41 million, a P/E ratio of -127.00 and a beta of 2.18.

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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