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

Shares of Neptune Digital Assets Corp. (CVE:NDA) traded up 9.1% during mid-day trading on Wednesday . The company traded as high as C$0.60 and last traded at C$0.60. Approximately 52,199 shares changed 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 Stock Up 9.1%

The company has a 50 day moving average of C$0.60 and a 200-day moving average of C$0.78. The company has a debt-to-equity ratio of 24.26, a current ratio of 1.72 and a quick ratio of 4.84. The company has a market cap of C$76.97 million, a P/E ratio of -15.67 and a beta of 0.64.

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.