DeepMarkit (CVE:MKT) Stock Price Up 19.4% – Still a Buy?

DeepMarkit Corp. (CVE:MKTGet Free Report)’s share price traded up 19.4% during trading on Tuesday . The company traded as high as C$0.40 and last traded at C$0.40. 141,700 shares were traded during trading, an increase of 54% from the average daily volume of 91,797 shares. The stock had previously closed at C$0.34.

DeepMarkit Price Performance

The company has a debt-to-equity ratio of 0.82, a current ratio of 0.35 and a quick ratio of 4.67. The stock has a 50 day simple moving average of C$0.38 and a two-hundred day simple moving average of C$0.42. The company has a market cap of C$26.33 million, a price-to-earnings ratio of -6.33 and a beta of -0.23.

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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