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

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.

Shares of Neptune Digital Assets Corp. (CVE:NDA - ) fell 7.4% during mid-day trading on Tuesday . The company traded as low as C$1.25 and last traded at C$1.25. 681,361 shares traded hands during mid-day trading, a decline of 11% from the average session volume of 767,190 shares. The stock had previously closed at C$1.35.

Neptune Digital Assets Price Performance

The stock has a market cap of C$158.71 million, a price-to-earnings ratio of 26.06 and a beta of 3.25. The firm has a fifty day moving average of C$1.51 and a 200 day moving average of C$1.61.

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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