Neptune Digital Assets (CVE:NDA) Shares Up 48.6% – Should You Buy?

Neptune Digital Assets Corp. (CVE:NDAGet Free Report) shot up 48.6% during trading on Wednesday . The company traded as high as C$1.17 and last traded at C$1.04. 2,771,757 shares changed hands during mid-day trading, an increase of 353% from the average session volume of 611,807 shares. The stock had previously closed at C$0.70.

Neptune Digital Assets Stock Performance

The stock’s 50-day moving average is C$0.86 and its 200 day moving average is C$1.15. The stock has a market capitalization of C$116.92 million, a PE ratio of -92.00 and a beta of 2.23.

Neptune Digital Assets Company Profile

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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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