Cymat Technologies (CVE:CYM) Shares Down 8.3% – Here’s What Happened

by · The Markets Daily

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

Cymat Technologies Trading Down 8.3%

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

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

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