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

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.
  • Five stocks to consider instead of Neptune Digital Assets.

Shares of Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) shot 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 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 Trading Down 3.9%

The firm has a market capitalization of C$155.05 million, a P/E ratio of -122.00 and a beta of 2.18. The firm has a 50-day moving average of C$1.24 and a two-hundred day moving average of C$1.46.

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.

Further Reading

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