DeepMarkit (CVE:MKT) Trading Up 31.1% – Still a Buy?

by · The Markets Daily

DeepMarkit Corp. (CVE:MKT – Get Free Report)’s share price was up 31.1% on Friday . The company traded as high as C$0.49 and last traded at C$0.49. Approximately 307,224 shares changed hands during mid-day trading, an increase of 277% from the average daily volume of 81,496 shares. The stock had previously closed at C$0.37.

DeepMarkit Trading Up 31.1%

The firm has a market cap of C$28.30 million, a P/E ratio of -24.25 and a beta of -0.64. The company’s 50 day moving average is C$0.26 and its two-hundred day moving average is C$0.13. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.35 and a quick ratio of 4.68.

About DeepMarkit

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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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