Neptune Digital Assets (CVE:NDA) Trading Up 21.2% – Should You Buy?

Shares of Neptune Digital Assets Corp. (CVE:NDAGet Free Report) rose 21.2% during trading on Friday . The stock traded as high as C$1.04 and last traded at C$1.03. Approximately 344,169 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 594,222 shares. The stock had previously closed at C$0.85.

Neptune Digital Assets Trading Up 22.4%

The company’s fifty day simple moving average is C$0.80 and its 200-day simple moving average is C$1.08. The stock has a market cap of C$133.41 million, a P/E 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. 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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