DeepMarkit (CVE:MKT) Trading 31.1% Higher – Should You Buy?
by Danessa Lincoln · The Markets DailyDeepMarkit Corp. (CVE:MKT – Get Free Report)’s stock price traded up 31.1% during mid-day trading on Saturday . The company traded as high as C$0.49 and last traded at C$0.49. 307,224 shares traded hands during mid-day trading, an increase of 277% from the average session volume of 81,496 shares. The stock had previously closed at C$0.37.
DeepMarkit Price Performance
The stock has a market cap of C$28.30 million, a P/E ratio of -24.25 and a beta of -0.64. The company has a quick ratio of 4.68, a current ratio of 0.35 and a debt-to-equity ratio of 0.82. The business’s 50-day simple moving average is C$0.27 and its two-hundred day simple moving average is C$0.14.
DeepMarkit Company Profile
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.
Recommended Stories
- Five stocks we like better than DeepMarkit
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- These 3 Banks Are Rallying Into Year-End, But Will It Continue?
- Overbought Stocks Explained: Should You Trade Them?
- 3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&P 500
- What is the MACD Indicator and How to Use it in Your Trading
- This ETF Caught a Major Tailwind After the Fed’s Rate Cut