DeepMarkit (CVE:MKT) Stock Price Down 4.2% – Should You Sell?

DeepMarkit Corp. (CVE:MKT)’s share price dropped 4.2% during mid-day trading on Thursday . The stock traded as low as C$0.45 and last traded at C$0.46. Approximately 43,124 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 84,887 shares. The stock had previously closed at C$0.48.

DeepMarkit Price Performance

The firm has a market capitalization of C$27.86 million, a P/E ratio of -23.00 and a beta of 0.02. The stock’s 50 day simple moving average is C$0.55 and its 200 day simple moving average is C$0.31. The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.68 and a current ratio of 0.35.

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.