dynaCERT (CVE:DYA) Shares Up 7.2% – Here’s What Happened

Shares of dynaCERT Inc (CVE:DYA) shot up 7.2% during mid-day trading on Wednesday . The stock traded as high as C$0.75 and last traded at C$0.74. 1,803,986 shares were traded during trading, an increase of 58% from the average daily volume of 1,140,868 shares. The stock had previously closed at C$0.69.

dynaCERT Stock Performance

The company has a quick ratio of 8.76, a current ratio of 11.33 and a debt-to-equity ratio of 1.77. The stock has a market capitalization of C$264.50 million and a price-to-earnings ratio of -20.00. The stock’s 50-day simple moving average is C$0.74 and its 200 day simple moving average is C$0.74.

dynaCERT Company Profile

DynaCERT Inc engages in the design, engineering, manufacture, testing, distribution, and installation of transportable hydrogen generator aftermarket products in North America and internationally. Its patent-pending retrofit product provides performance enhancements by injecting hydrogen and oxygen into the air intake manifold resulting in fuel efficiency and reduced fuel emissions. The company's principal product is HydraGen, an aftermarket unit that produces hydrogen and oxygen on demand and is designed for on-road applications with class 6-8 engines.