DeepMarkit (CVE:MKT) Shares Up 33.3% – Here’s Why

DeepMarkit Corp. (CVE:MKT) shares were up 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.34 and last traded at C$0.34. Approximately 138,236 shares were traded during trading, an increase of 71% from the average daily volume of 81,039 shares. The stock had previously closed at C$0.26.

DeepMarkit Trading Up 23.5%

The company has a market capitalization of C$19.08 million, a price-to-earnings ratio of -15.75 and a beta of -0.70. 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 business’s 50-day simple moving average is C$0.50 and its 200-day simple moving average is C$0.34.

DeepMarkit Company Profile

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.