Cymat Technologies (CVE:CYM) Stock Price Down 8.3% – Should You Sell?

Cymat Technologies Ltd. (CVE:CYM)’s stock price was down 8.3% during trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 219,000 shares traded hands during mid-day trading, an increase of 280% from the average daily volume of 57,687 shares. The stock had previously closed at C$0.12.

Cymat Technologies Stock Performance

The business’s 50 day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.15. The firm has a market capitalization of C$11.00 million, a PE ratio of -1.83 and a beta of -0.12. The company has a current ratio of 0.23, a quick ratio of 1.58 and a debt-to-equity ratio of -109.14.

About Cymat Technologies

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. It serves automotive, architecture, defense, and general industrial market applications. The company was incorporated in 2006 and is based in Mississauga, Canada.