Neptune Digital Assets (CVE:NDA) Trading 16.3% Higher - Time to Buy?

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.

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

Neptune Digital Assets Stock Performance

The stock has a market cap of C$153.78 million, a PE ratio of -121.00 and a beta of 2.18. The company's 50 day simple moving average is C$1.26 and its 200 day simple moving average is C$1.46.

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.

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