Neptune Digital Assets (CVE:NDA) Sets New 1-Year High - Should You Buy?

Shares of Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as C$0.56 and last traded at C$0.51, with a volume of 2325974 shares trading hands. The stock had previously closed at C$0.43.

Neptune Digital Assets Stock Performance

The company has a market capitalization of C$78.90 million, a P/E ratio of -8.67 and a beta of 3.25. The company has a current ratio of 70.04, a quick ratio of 4.84 and a debt-to-equity ratio of 1.96. The company's fifty day moving average is C$0.28 and its 200 day moving average is C$0.29.

Neptune Digital Assets (CVE:NDA - Get Free Report) 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 during the quarter, compared to the consensus estimate of C$0.55 million. As a group, equities analysts anticipate that Neptune Digital Assets Corp. will post -0.01 earnings per share 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.