Cymat Technologies (CVE:CYM) Shares Down 15.4% – Here’s What Happened

Cymat Technologies Ltd. (CVE:CYMGet Free Report)’s stock price was down 15.4% during mid-day trading on Saturday . The company traded as low as C$0.10 and last traded at C$0.11. Approximately 692,900 shares were traded during trading, an increase of 1,560% from the average daily volume of 41,733 shares. The stock had previously closed at C$0.13.

Cymat Technologies Stock Down 15.4%

The stock has a market cap of C$8.47 million, a price-to-earnings ratio of -2.20 and a beta of -0.14. The business’s 50 day moving average is C$0.17 and its 200-day moving average is C$0.15. The company has a debt-to-equity ratio of -109.14, a quick ratio of 1.58 and a current ratio of 0.23.

About Cymat Technologies

(Get Free Report)

Cymat Technologies Ltd., a materials technology company, manufactures and sells stabilized aluminum foam (SAF) products worldwide. Its SAF products for use in architectural, blast mitigation, and energy absorption applications. The company also provides architectural materials under the Alusion brand name; and energy management and engineering-focused products under the SmartMetal brand name.

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