DeepMarkit (CVE:MKT) Shares Up 31.1% – Still a 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 traded hands 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 stock’s 50 day moving average price is C$0.27 and its 200-day moving average price is C$0.14. The company has a quick ratio of 4.68, a current ratio of 0.35 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of C$28.30 million, a PE 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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