Cymat Technologies (CVE:CYM) Shares Down 8% – Here’s Why

Cymat Technologies Ltd. (CVE:CYMGet Free Report) shares traded down 8% on Wednesday . The company traded as low as C$0.11 and last traded at C$0.12. 152,000 shares changed hands during mid-day trading, an increase of 280% from the average session volume of 39,972 shares. The stock had previously closed at C$0.13.

Cymat Technologies Price Performance

The company’s 50 day moving average price is C$0.13 and its 200-day moving average price is C$0.12. 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 company has a market capitalization of C$7.55 million, a PE ratio of -2.25 and a beta of 0.75.

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.

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