Shares of Cymat Technologies Ltd. (CVE:CYM – Get Free Report) dropped 8.3% during mid-day trading on Wednesday . The stock 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 Trading Down 8.3%
The company has a 50 day simple moving average of C$0.12 and a 200 day simple moving average of C$0.15. The company has a current ratio of 0.23, a quick ratio of 1.58 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.
Cymat Technologies Company Profile
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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