Neptune Digital Assets (CVE:NDA) Trading Up 48.6% – Here’s Why

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

Neptune Digital Assets Price Performance

The firm’s 50 day simple moving average is C$0.86 and its 200-day simple moving average is C$1.15. 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.

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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