Cymat Technologies (CVE:CYM) Shares Down 15.4% – What’s Next?

Shares of Cymat Technologies Ltd. (CVE:CYMGet Free Report) dropped 15.4% during trading on Saturday . The stock traded as low as C$0.10 and last traded at C$0.11. Approximately 692,900 shares changed hands during mid-day 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 Price Performance

The firm has a market cap of C$8.47 million, a P/E ratio of -2.20 and a beta of -0.14. The firm’s fifty day simple moving average is C$0.17 and its 200 day simple 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.

Cymat Technologies Company Profile

(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.

Further Reading

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