Cymat Technologies Ltd. (CVE:CYM – Get Free Report) dropped 11.1% during mid-day trading on Wednesday . The stock traded as low as C$0.12 and last traded at C$0.12. 283,438 shares traded hands during trading, an increase of 412% from the average session volume of 55,363 shares. The stock had previously closed at C$0.14.
Cymat Technologies Stock Performance
The firm has a fifty day simple moving average of C$0.08 and a 200-day simple moving average of C$0.09. The stock has a market cap of C$11.04 million, a price-to-earnings ratio of -1.83 and a beta of -0.53. The company has a current ratio of 0.27, a quick ratio of 1.58 and a debt-to-equity ratio of -126.64.
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.
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