DeepMarkit (CVE:MKT) Shares Up 31.1% – Should You Buy?

Shares of DeepMarkit Corp. (CVE:MKTGet Free Report) rose 31.1% on Friday . The company traded as high as C$0.49 and last traded at C$0.49. Approximately 307,224 shares changed hands during trading, an increase of 277% from the average daily volume of 81,448 shares. The stock had previously closed at C$0.37.

DeepMarkit Stock Up 31.1%

The company has a current ratio of 0.35, a quick ratio of 4.68 and a debt-to-equity ratio of 0.82. The company has a 50-day simple moving average of C$0.27 and a 200 day simple moving average of C$0.14. The company has a market cap of C$28.30 million, a P/E ratio of -24.25 and a beta of -0.64.

DeepMarkit Company Profile

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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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