Neptune Digital Assets (CVE:NDA) Shares Down 11.8% – Should You Sell?

Neptune Digital Assets Corp. (CVE:NDAGet Free Report) shares fell 11.8% during mid-day trading on Monday . The stock traded as low as C$0.82 and last traded at C$0.82. 1,396,521 shares changed hands during trading, an increase of 398% from the average session volume of 280,161 shares. The stock had previously closed at C$0.93.

Neptune Digital Assets Price Performance

The firm has a market capitalization of C$103.07 million, a P/E ratio of -8.67 and a beta of 3.25. 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 business’s fifty day moving average is C$0.54 and its 200 day moving average is C$0.37.

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.

Further Reading

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