DeepMarkit (CVE:MKT) Stock Price Up 26.2% – Here’s What Happened

DeepMarkit Corp. (CVE:MKT)’s share price was up 26.2% during mid-day trading on Wednesday . The stock traded as high as C$0.53 and last traded at C$0.53. Approximately 232,000 shares were traded during mid-day trading, an increase of 104% from the average daily volume of 114,002 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 company has a market cap of C$32.10 million, a P/E ratio of -26.50 and a beta of 0.02. The business’s 50 day simple moving average is C$0.52 and its 200 day simple moving average is C$0.26.

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.