DeepMarkit (CVE:MKT) Stock Price Up 31.1% – Time to Buy?
by Tristan Rich · The Markets DailyDeepMarkit Corp. (CVE:MKT – Get Free Report) shares rose 31.1% during trading on Saturday . 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 Stock Performance
The company has a 50 day simple moving average of C$0.27 and a 200-day simple moving average of C$0.14. 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 stock has a market cap of C$28.30 million, a P/E 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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