DeepMarkit (CVE:MKT) Stock Price Up 31.1% – Time to Buy?
by Doug Wharley · The Cerbat GemDeepMarkit Corp. (CVE:MKT – Get Free Report)’s share price rose 31.1% during trading on Friday . The company traded as high as C$0.49 and last traded at C$0.49. Approximately 307,224 shares traded 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 Stock Performance
The stock has a 50 day moving average price of C$0.26 and a two-hundred day moving average price of 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. The company has a market capitalization of C$28.30 million, a price-to-earnings ratio of -24.25 and a beta of -0.64.
About DeepMarkit
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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