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Neptune Digital Assets (CVE:NDA) Trading 19.4% Higher - Time to Buy?

Neptune Digital Assets logo with Financial Services background

Key Points

  • Neptune Digital Assets Corp. experienced a significant share price increase of 19.4%, closing at C$1.17, following a high of C$1.31 during trading.
  • The company has a market capitalization of C$148.70 million and a PE ratio of -117.00 as it engages in various digital currency infrastructures and operations in Canada.
  • Increased trading volume of 1,033,394 shares marked a 49% rise compared to its average session volume, indicating heightened investor interest.
  • MarketBeat previews the top five stocks to own by October 1st.

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report)'s share price traded up 19.4% on Wednesday . The stock traded as high as C$1.31 and last traded at C$1.17. 1,033,394 shares traded 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 firm's 50-day moving average price is C$1.26 and its two-hundred day moving average price is C$1.46. The firm has a market capitalization of C$148.70 million, a PE ratio of -117.00 and a beta of 2.18.

Neptune Digital Assets Company Profile

(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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