Neptune Digital Assets (CVE:NDA) Trading Down 11.8% – Time to Sell?

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

Neptune Digital Assets Stock Performance

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

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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