DeepMarkit (CVE:MKT) Stock Price Up 1.8% – Here’s Why

DeepMarkit Corp. (CVE:MKT – Get Free Report)’s share price shot up 1.8% during mid-day trading on Thursday. The company traded as high as C$0.30 and last traded at C$0.29. 172,500 shares were traded during trading, an increase of 70% from the average daily volume of 101,213 shares. The stock had previously closed at C$0.28.

DeepMarkit Stock Down 6.9%

The firm’s 50-day moving average price is C$0.31 and its 200 day moving average price is C$0.36. The company has a market capitalization of C$19.01 million, a price-to-earnings ratio of -4.50 and a beta of 0.01. The company has a current ratio of 0.35, a quick ratio of 4.67 and a debt-to-equity ratio of 0.82.

DeepMarkit Company Profile

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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.

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