Cymat Technologies (CVE:CYM) Shares Down 8.3% – Time to Sell?

Cymat Technologies Ltd. (CVE:CYMGet Free Report)’s stock price was down 8.3% during trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 219,000 shares were traded 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 Price Performance

The firm has a market cap of C$11.00 million, a P/E ratio of -1.83 and a beta of -0.12. 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 business’s 50 day moving average is C$0.12 and its two-hundred day moving average is C$0.15.

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. 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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