Insider Buying: DeepMarkit (CVE:MKT) Insider Buys C$13,000.00 in Stock

DeepMarkit Corp. (CVE:MKT) insider Johnny Chen purchased 50,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were purchased at an average cost of C$0.26 per share, with a total value of C$13,000.00. Following the completion of the acquisition, the insider owned 397,500 shares in the company, valued at approximately C$103,350. This represents a 14.39% increase in their position.

DeepMarkit Price Performance

DeepMarkit stock remained flat at C$0.27 during midday trading on Tuesday. 157,718 shares of the company traded hands, compared to its average volume of 89,267. DeepMarkit Corp. has a 12-month low of C$0.06 and a 12-month high of C$0.75. The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.67 and a current ratio of 0.35. The stock has a market cap of C$18.71 million, a price-to-earnings ratio of -4.50 and a beta of 0.26. The company has a 50-day simple moving average of C$0.37 and a 200 day simple moving average of C$0.38.

About DeepMarkit

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.