DeepMarkit (CVE:MKT) Shares Up 31.1% – Time to Buy?

DeepMarkit Corp. (CVE:MKT)’s stock price traded up 31.1% during mid-day trading on Friday . The stock traded as high as C$0.49 and last traded at C$0.49. 307,224 shares traded hands during mid-day trading, an increase of 277% from the average session volume of 81,496 shares. The stock had previously closed at C$0.37.

DeepMarkit Trading Up 31.1%

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 stock has a 50-day simple moving average of C$0.27 and a two-hundred day simple moving average of C$0.14. 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

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.