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

DeepMarkit Corp. (CVE:MKT) shares were up 26.2% on Thursday . The company traded as high as C$0.53 and last traded at C$0.53. Approximately 232,000 shares traded hands during mid-day trading, an increase of 102% from the average daily volume of 115,002 shares. The stock had previously closed at C$0.42.

DeepMarkit Stock Up 26.2%

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

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.