DeepMarkit (CVE:MKT) Shares Up 26.2% – Here’s Why

DeepMarkit Corp. (CVE:MKT)’s share price traded up 26.2% on Wednesday . The stock traded as high as C$0.53 and last traded at C$0.53. 232,000 shares changed hands during mid-day trading, an increase of 102% from the average session volume of 115,002 shares. The stock had previously closed at C$0.42.

DeepMarkit Stock Up 26.2%

The firm has a market cap of C$32.10 million, a price-to-earnings ratio of -26.50 and a beta of 0.02. The firm’s 50 day moving average price is C$0.53 and its two-hundred day moving average price is C$0.26. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.35 and a quick ratio of 4.68.

DeepMarkit Company Profile

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.