Neptune Digital Assets (CVE:NDA) Reaches New 12-Month High – Should You Buy?

Neptune Digital Assets Corp. (CVE:NDAGet Free Report)’s share price reached a new 52-week high on Friday . The stock traded as high as C$1.27 and last traded at C$1.23, with a volume of 1658455 shares trading hands. The stock had previously closed at C$1.13.

Neptune Digital Assets Trading Up 8.8 %

The company has a debt-to-equity ratio of 1.96, a quick ratio of 4.84 and a current ratio of 70.04. The stock has a market cap of C$156.52 million, a price-to-earnings ratio of -8.67 and a beta of 3.25. The company’s 50 day simple moving average is C$0.69 and its two-hundred day simple moving average is C$0.42.

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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