DeepMarkit (CVE:MKT) Stock Price Down 25% – Should You Sell?

DeepMarkit Corp. (CVE:MKT) shares dropped 25% during trading on Monday . The stock traded as low as C$0.23 and last traded at C$0.26. Approximately 168,270 shares traded hands during mid-day trading, an increase of 114% from the average daily volume of 78,450 shares. The stock had previously closed at C$0.34.

DeepMarkit Stock Down 6.7%

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 firm has a 50 day simple moving average of C$0.50 and a two-hundred day simple moving average of C$0.34. The stock has a market cap of C$17.44 million, a P/E ratio of -7.00 and a beta of -0.70.

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.