Johnny Chen Buys 50,000 Shares of DeepMarkit (CVE:MKT) Stock

DeepMarkit Corp. (CVE:MKT) insider Johnny Chen purchased 50,000 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were bought at an average cost of C$0.26 per share, for a total transaction of C$13,000.00. Following the completion of the transaction, the insider directly owned 397,500 shares in the company, valued at C$103,350. This trade represents a 14.39% increase in their position.

DeepMarkit Stock Performance

CVE MKT opened at C$0.28 on Thursday. The firm has a market capitalization of C$19.05 million, a P/E ratio of -4.58 and a beta of 0.23. The stock has a 50-day simple moving average of C$0.37 and a two-hundred day simple moving average of C$0.38. The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.67 and a current ratio of 0.35. DeepMarkit Corp. has a fifty-two week low of C$0.06 and a fifty-two week high of C$0.75.

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.