Neptune Digital Assets (CVE:NDA) Shares Down 11.8% – What’s Next?

Shares of Neptune Digital Assets Corp. (CVE:NDAGet Free Report) traded down 11.8% during trading on Monday . The company traded as low as C$0.82 and last traded at C$0.82. 1,396,521 shares traded hands during mid-day 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 Trading Down 11.8 %

The stock has a market cap of C$104.35 million, a price-to-earnings ratio of -8.67 and a beta of 3.25. The business’s 50 day simple moving average is C$0.52 and its 200 day simple moving average is C$0.37. The company has a quick ratio of 4.84, a current ratio of 70.04 and a debt-to-equity ratio of 1.96.

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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