DeepMarkit (CVE:MKT) Shares Up 31.1% – Time to Buy?

DeepMarkit Corp. (CVE:MKTGet Free Report)’s share price rose 31.1% during mid-day trading on Saturday . The company traded as high as C$0.49 and last traded at C$0.49. Approximately 307,224 shares were traded 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 Price Performance

The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.68 and a current ratio of 0.35. The company’s fifty day moving average price is C$0.27 and its 200 day moving average price is C$0.14. The firm has a market capitalization of C$28.30 million, a price-to-earnings ratio of -24.25 and a beta of -0.64.

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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