Insider Buying: DeepMarkit (CVE:MKT) Insider Buys 50,000 Shares

DeepMarkit Corp. (CVE:MKT) insider Johnny Chen bought 50,000 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was acquired 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 owned 397,500 shares in the company, valued at C$103,350. This represents a 14.39% increase in their ownership of the stock.

DeepMarkit Stock Performance

Shares of MKT stock remained flat at C$0.27 during mid-day trading on Tuesday. 157,718 shares of the stock were exchanged, compared to its average volume of 89,267. DeepMarkit Corp. has a twelve month low of C$0.06 and a twelve month high of C$0.75. The company has a quick ratio of 4.67, a current ratio of 0.35 and a debt-to-equity ratio of 0.82. The company has a market capitalization of C$18.71 million, a P/E ratio of -4.50 and a beta of 0.26. The company has a fifty day moving average price of C$0.37 and a 200 day moving average price of C$0.38.

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.