DeepMarkit (CVE:MKT) Shares Up 31.1% – Still a Buy?

DeepMarkit Corp. (CVE:MKTGet Free Report)’s share price traded up 31.1% during mid-day trading on Friday . The company traded as high as C$0.49 and last traded at C$0.49. 307,224 shares traded hands during trading, an increase of 277% from the average session volume of 81,496 shares. The stock had previously closed at C$0.37.

DeepMarkit Stock Performance

The stock has a 50-day moving average price of C$0.26 and a 200 day moving average price of C$0.13. 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 firm has a market capitalization of C$28.30 million, a price-to-earnings 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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