Neptune Digital Assets (CVE:NDA) Shares Up 9.1% – Time to Buy?

Neptune Digital Assets Corp. (CVE:NDAGet Free Report) shares were up 9.1% during mid-day trading on Wednesday . The company traded as high as C$0.60 and last traded at C$0.60. 52,199 shares changed hands during trading, a decline of 75% from the average daily volume of 205,255 shares. The stock had previously closed at C$0.55.

Neptune Digital Assets Stock Performance

The company’s 50-day simple moving average is C$0.60 and its 200 day simple moving average is C$0.78. The stock has a market cap of C$76.97 million, a P/E ratio of -15.67 and a beta of 0.64. The company has a current ratio of 1.72, a quick ratio of 4.84 and a debt-to-equity ratio of 24.26.

About Neptune Digital Assets

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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. The company was formerly known as Neptune Dash Technologies Corp. and changed its name to Neptune Digital Assets Corp. in December 2020. Neptune Digital Assets Corp. was founded in 2017 and is headquartered in Vancouver, Canada.

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