DeepMarkit (CVE:MKT) Shares Up 8% – Should You Buy?

DeepMarkit Corp. (CVE:MKT – Get Free Report)’s stock price rose 8% during mid-day trading on Tuesday. The company traded as high as C$0.28 and last traded at C$0.27. Approximately 179,523 shares were traded during trading, an increase of 74% from the average daily volume of 102,898 shares. The stock had previously closed at C$0.25.

DeepMarkit Stock Performance

The company has a market cap of C$19.01 million, a price-to-earnings ratio of -3.86 and a beta of 0.59. The firm has a 50-day simple moving average of C$0.30 and a 200 day simple moving average of C$0.35. The company has a quick ratio of 4.67, a current ratio of 0.35 and a debt-to-equity ratio of 0.82.

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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