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

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

Neptune Digital Assets Price Performance

The business has a 50 day simple moving average of C$0.86 and a 200 day simple moving average of C$1.15. The stock has a market cap of C$116.92 million, a PE 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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