Neptune Digital Assets (CVE:NDA) Trading 19.4% Higher – Should You Buy?

Neptune Digital Assets Corp. (CVE:NDAGet Free Report)’s share price rose 19.4% during mid-day trading on Wednesday . The stock traded as high as C$1.31 and last traded at C$1.17. Approximately 1,033,394 shares were traded during trading, an increase of 49% from the average daily volume of 695,207 shares. The stock had previously closed at C$0.98.

Neptune Digital Assets Stock Up 4.5%

The stock has a market capitalization of C$147.43 million, a price-to-earnings ratio of -116.00 and a beta of 2.18. The company’s 50-day moving average is C$1.24 and its 200-day moving average is C$1.46.

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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