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Neptune Digital Assets (CVE:NDA) Trading Up 16.3% - Still a Buy?

Neptune Digital Assets logo with Financial Services background

Key Points

  • Neptune Digital Assets Corp. saw its stock price increase by 16.3%, reaching C$1.14 during trading on Tuesday, despite a 41% decline in trading volume compared to average sessions.
  • The company's market capitalization stands at C$153.78 million, with a PE ratio of -121.00 indicating negative earnings.
  • Neptune Digital Assets specializes in building and operating digital currency infrastructure, including activities like Bitcoin mining, cryptocurrency staking, and decentralized finance investments.
  • MarketBeat previews top five stocks to own in November.

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report)'s share price was up 16.3% on Tuesday . The stock traded as high as C$1.14 and last traded at C$1.14. Approximately 410,529 shares changed hands during trading, a decline of 41% from the average daily volume of 690,283 shares. The stock had previously closed at C$0.98.

Neptune Digital Assets Price Performance

The firm has a market capitalization of C$161.41 million, a PE ratio of -127.00 and a beta of 2.18. The firm's fifty day moving average is C$1.24 and its two-hundred 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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