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

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

Neptune Digital Assets Stock Performance

Neptune Digital Assets stock remained flat at C$0.35 during mid-day trading on Friday. 11,363 shares of the company’s stock were exchanged, compared to its average volume of 173,744. Neptune Digital Assets Corp. has a 1 year low of C$0.20 and a 1 year high of C$0.46. The company has a debt-to-equity ratio of 1.96, a quick ratio of 4.84 and a current ratio of 44.12. The firm has a market cap of C$43.85 million, a P/E ratio of -17.25 and a beta of 2.75. The company has a fifty day moving average of C$0.35 and a two-hundred day moving average of C$0.33.

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