DeepMarkit (CVE:MKT) Shares Climb 7% – Should You Buy?

Shares of DeepMarkit Corp. (CVE:MKT – Get Free Report) rose 7% during mid-day trading on Thursday. The company traded as high as C$0.30 and last traded at C$0.30. 202,000 shares traded hands during mid-day trading, an increase of 106% from the average daily volume of 98,174 shares. The stock had previously closed at C$0.28.

DeepMarkit Stock Performance

The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.67 and a current ratio of 0.35. The stock has a fifty day simple moving average of C$0.30 and a two-hundred day simple moving average of C$0.33. The stock has a market cap of C$22.52 million, a PE ratio of -5.42 and a beta of 0.01.

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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