Neptune Digital Assets (CVE:NDA) Stock Price Up 41.4% – Still a Buy?

Neptune Digital Assets Corp. (CVE:NDAGet Free Report)’s stock price was up 41.4% during mid-day trading on Wednesday . The company traded as high as C$1.17 and last traded at C$0.99. Approximately 2,256,376 shares traded hands during mid-day trading, an increase of 271% from the average daily volume of 608,957 shares. The stock had previously closed at C$0.70.

Neptune Digital Assets Price Performance

The stock has a market capitalization of C$130.90 million, a price-to-earnings ratio of -103.00 and a beta of 2.23. The stock has a 50 day moving average price of C$0.87 and a 200-day moving average price of C$1.16.

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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