DeepMarkit (CVE:MKT) Stock Price Up 7% – Should You Buy?

DeepMarkit Corp. (CVE:MKT – Get Free Report)’s share price shot up 7% during trading on Thursday. The company traded as high as C$0.30 and last traded at C$0.30. Approximately 202,000 shares were traded during trading, an increase of 106% from the average session volume of 98,174 shares. The stock had previously closed at C$0.28.

DeepMarkit Trading Up 7.0%

The company has a 50 day moving average of C$0.30 and a 200 day moving average of C$0.33. The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.67 and a current ratio of 0.35. The stock has a market capitalization of C$21.13 million, a price-to-earnings ratio of -5.08 and a beta of 0.01.

DeepMarkit Company Profile

(Get Free Report)

DeepMarkit Corp. provides game-based marketing software services. The company operates DeepMarkit platform and MintCarbon.io platform, a web-based software-as-a-service platform that facilitates the minting of carbon credits into non-fungible tokens. The company was formerly known as Challenger Deep Resources Corp. and changed its name to DeepMarkit Corp. in October 2015. DeepMarkit Corp. was incorporated in 2007 and is headquartered in Calgary, Canada.

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