Neptune Digital Assets (CVE:NDA) Trading 2% Higher

Neptune Digital Assets Corp. (CVE:NDA) shot up 2% during trading on Tuesday . The company traded as high as C$0.26 and last traded at C$0.25. 93,950 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 109,274 shares. The stock had previously closed at C$0.25.

Neptune Digital Assets Price Performance

The company’s 50-day moving average is C$0.27 and its 200 day moving average is C$0.30. 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 company has a market capitalization of C$31.81 million, a PE ratio of -8.67 and a beta of 3.25.

Neptune Digital Assets (CVE:NDA) last issued its earnings results on Monday, July 29th. The company reported C$0.02 EPS for the quarter. Neptune Digital Assets had a negative return on equity of 0.54% and a negative net margin of 12.88%. The business had revenue of C$0.65 million for the quarter, compared to the consensus estimate of C$0.55 million. As a group, analysts anticipate that Neptune Digital Assets Corp. will post -0.01 EPS for the current year.

About Neptune Digital Assets

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.