DeepMarkit (CVE:MKT) Stock Price Up 31.1% – Here’s Why

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

DeepMarkit Trading Up 31.1%

The stock’s 50-day simple moving average is C$0.27 and its two-hundred day simple moving average is C$0.14. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.35 and a quick ratio of 4.68. The firm has a market capitalization of C$28.30 million, a P/E ratio of -24.25 and a beta of -0.64.

About DeepMarkit

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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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