Insider Buying: Neptune Digital Assets Corp. (CVE:NDA) Insider Purchases 50,000 Shares of Stock

Neptune Digital Assets Corp. (CVE:NDA) insider Neptune Digital Assets Corp. acquired 50,000 shares of the stock in a transaction on Wednesday, April 10th. The stock was bought at an average cost of C$0.35 per share, for a total transaction of C$17,250.00.

Neptune Digital Assets Stock Performance

Shares of NDA stock opened at C$0.35 on Friday. The firm has a market cap of C$43.85 million, a price-to-earnings ratio of -17.25 and a beta of 2.75. The company has a debt-to-equity ratio of 1.96, a quick ratio of 4.84 and a current ratio of 44.12. Neptune Digital Assets Corp. has a 52 week low of C$0.20 and a 52 week high of C$0.46. The firm’s 50-day simple moving average is C$0.35 and its two-hundred day simple moving average is C$0.33.

Neptune Digital Assets (CVE:NDA) last posted its earnings results on Monday, January 29th. The company reported C$0.01 earnings per share for the quarter. The firm had revenue of C$0.52 million during the quarter, compared to the consensus estimate of C$0.43 million. Neptune Digital Assets had a negative net margin of 135.69% and a negative return on equity of 8.34%. As a group, equities analysts forecast that Neptune Digital Assets Corp. will post -0.01 earnings per share for the current year.

Neptune Digital Assets Company Profile

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.