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

Neptune Digital Assets Corp. (CVE:NDAGet Free Report)’s stock price rose 48.6% on Thursday . The company traded as high as C$1.17 and last traded at C$1.04. Approximately 2,771,757 shares were traded 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 Stock Performance

The company has a market cap of C$116.92 million, a price-to-earnings ratio of -92.00 and a beta of 2.23. The stock’s fifty day simple moving average is C$0.86 and its two-hundred day simple moving average is C$1.15.

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.

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