Datametrex AI (CVE:DM) Shares Down 16.7% – Here’s Why

Datametrex AI Limited (CVE:DM)’s share price traded down 16.7% during mid-day trading on Saturday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 105,522 shares traded hands during mid-day trading, an increase of 36% from the average daily volume of 77,813 shares. The stock had previously closed at C$0.12.

Datametrex AI Stock Performance

The stock has a market cap of C$3.24 million, a price-to-earnings ratio of -0.94 and a beta of 1.05. The company has a quick ratio of 2.44, a current ratio of 0.40 and a debt-to-equity ratio of 554.49. The company has a 50 day simple moving average of C$0.10 and a 200 day simple moving average of C$0.09.

About Datametrex AI

Datametrex AI Limited engages in the collecting, analyzing, and presenting structured and unstructured data using machine learning and artificial intelligence in Canada and South Korea. The company operates through two segments, AI and Technology and Health Care. It offers health security businesses, including concierge medical services, and telemedicine services; Imagine Health consisting of integrated medical centre, pharmacy, and ancillary services; physician consultation and medical professional services; and sale of prescription drugs and over-the-counter products.