Neptune Digital Assets (CVE:NDA) Trading 8.1% Higher – What’s Next?

Shares of Neptune Digital Assets Corp. (CVE:NDAGet Free Report) were up 8.1% during mid-day trading on Wednesday . The company traded as high as C$0.68 and last traded at C$0.67. Approximately 66,624 shares changed hands during trading, a decline of 77% from the average daily volume of 291,075 shares. The stock had previously closed at C$0.62.

Neptune Digital Assets Stock Up 16.1 %

The company has a current ratio of 70.04, a quick ratio of 4.84 and a debt-to-equity ratio of 1.96. The company has a market cap of C$91.62 million, a price-to-earnings ratio of -8.67 and a beta of 3.25. The stock has a 50-day simple moving average of C$0.57 and a 200-day simple moving average of C$0.38.

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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