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Neptune Digital Assets (CVE:NDA) Trading 19.4% Higher - What's Next?

Neptune Digital Assets logo with Financial Services background

Key Points

  • Neptune Digital Assets Corp. shares surged by 19.4% on Wednesday, trading as high as C$1.31 before closing at C$1.17, with a trading volume increase of 49%.
  • The company holds a market capitalization of C$148.70 million and has a negative price-to-earnings ratio of -117.00.
  • Neptune Digital Assets engages in various cryptocurrency activities, including Bitcoin mining, staking, and lending digital currencies, positioning itself within the digital currency infrastructure market in Canada.
  • MarketBeat previews top five stocks to own in October.

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 Stock Performance

The firm has a market cap of C$161.41 million, a price-to-earnings ratio of -127.00 and a beta of 2.18. The firm has a 50-day moving average price of C$1.24 and a two-hundred day moving average price 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.

See Also

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