Neptune Digital Assets (CVE:NDA) Shares Up 9.1% – What’s Next?

Neptune Digital Assets Corp. (CVE:NDA) rose 9.1% during trading on Wednesday . The company traded as high as C$0.60 and last traded at C$0.60. 52,199 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 205,255 shares. The stock had previously closed at C$0.55.

Neptune Digital Assets Trading Up 1.5%

The company has a market cap of C$84.67 million, a P/E ratio of -15.67 and a beta of 0.64. The company has a quick ratio of 4.84, a current ratio of 1.72 and a debt-to-equity ratio of 24.26. The firm’s 50-day moving average price is C$0.60 and its 200-day moving average price is C$0.78.

Neptune Digital Assets Company Profile

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.