Neptune Digital Assets (CVE:NDA) Trading Down 11.8% – Here’s What Happened

Shares of Neptune Digital Assets Corp. (CVE:NDAGet Free Report) were 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 changed hands during 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 Trading Down 4.7 %

The company has a 50-day simple moving average of C$0.54 and a 200-day simple 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. The stock has a market cap of C$103.07 million, a P/E ratio of -8.67 and a beta of 3.25.

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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