DeepMarkit (CVE:MKT) Shares Up 7.2% – Here’s Why

DeepMarkit Corp. (CVE:MKT) shares were up 7.2% on Thursday . The company traded as high as C$0.47 and last traded at C$0.45. Approximately 210,640 shares changed hands during trading, an increase of 131% from the average daily volume of 91,084 shares. The stock had previously closed at C$0.42.

DeepMarkit Stock Performance

The stock’s fifty day moving average is C$0.34 and its two-hundred day moving average is C$0.42. The firm has a market capitalization of C$27.71 million, a price-to-earnings ratio of -7.42 and a beta of -0.23. The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.68 and a current ratio of 0.35.

About DeepMarkit

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.