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Neptune Digital Assets (CVE:NDA) Stock Price Down 7.4% - What's Next?

Neptune Digital Assets logo with Financial Services background

Key Points

  • Neptune Digital Assets Corp. shares declined by 7.4% to C$1.25, with a trading volume of 681,361 shares, down 11% from the average.
  • The company has a market cap of C$158.71 million and operates in digital currency infrastructure, including Bitcoin mining and cryptocurrency staking.
  • The stock's price-to-earnings ratio stands at 26.06, indicating a potential valuation for investors to consider.
  • Need better tools to track Neptune Digital Assets? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report)'s share price dropped 7.4% on Tuesday . The stock traded as low as C$1.25 and last traded at C$1.25. Approximately 681,361 shares were traded during trading, a decline of 11% from the average daily volume of 767,190 shares. The stock had previously closed at C$1.35.

Neptune Digital Assets Trading Down 7.8%

The company has a market capitalization of C$149.83 million, a price-to-earnings ratio of 24.60 and a beta of 3.25. The firm has a 50-day moving average price of C$1.47 and a 200-day moving average price of C$1.61.

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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