DeepMarkit (CVE:MKT) Stock Price Up 26.2% – Still a Buy?

DeepMarkit Corp. (CVE:MKTGet Free Report) shares shot up 26.2% during trading on Thursday . The stock traded as high as C$0.53 and last traded at C$0.53. 232,000 shares were traded 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 Performance

The company has a current ratio of 0.35, a quick ratio of 4.68 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of C$32.10 million, a price-to-earnings ratio of -26.50 and a beta of 0.02. The company has a 50-day moving average of C$0.53 and a 200-day moving average of C$0.26.

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.

Recommended Stories

Receive News & Ratings for DeepMarkit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DeepMarkit and related companies with MarketBeat.com's FREE daily email newsletter.