DeepMarkit (CVE:MKT) Stock Price Down 12.2% – Time to Sell?

DeepMarkit Corp. (CVE:MKT) shares fell 12.2% on Wednesday . The stock traded as low as C$0.21 and last traded at C$0.22. 133,127 shares changed hands during mid-day trading, an increase of 82% from the average session volume of 73,273 shares. The stock had previously closed at C$0.25.

DeepMarkit Stock Down 16.3%

The company’s fifty day simple moving average is C$0.37 and its 200-day simple moving average is C$0.37. The firm has a market capitalization of C$12.77 million, a PE ratio of -5.13 and a beta of 0.19. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.35 and a quick ratio of 4.68.

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.