Neptune Digital Assets (CVE:NDA) Shares Up 48.6% – Still a Buy?

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

Neptune Digital Assets Trading Down 5.2%

The stock has a fifty day simple moving average of C$0.86 and a 200-day simple moving average of C$1.15. The company 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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