DeepMarkit (CVE:MKT) Stock Price Up 12% – Time to Buy?

DeepMarkit Corp. (CVE:MKTGet Free Report) shares rose 12% on Friday . The stock traded as high as C$0.28 and last traded at C$0.28. Approximately 114,500 shares traded hands during mid-day trading, an increase of 63% from the average daily volume of 70,110 shares. The stock had previously closed at C$0.25.

DeepMarkit Price Performance

The company has a fifty day simple moving average of C$0.33 and a two-hundred day simple moving average of C$0.37. 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 company has a market capitalization of C$18.06 million, a price-to-earnings ratio of -7.25 and a beta of 0.19.

About DeepMarkit

(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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