Cymat Technologies (CVE:CYM) Shares Up 21.4% – Still a Buy?

Cymat Technologies Ltd. (CVE:CYM)’s stock price shot up 21.4% during mid-day trading on Tuesday . The company traded as high as C$0.09 and last traded at C$0.09. 181,880 shares traded hands during trading, an increase of 285% from the average session volume of 47,190 shares. The stock had previously closed at C$0.07.

Cymat Technologies Stock Performance

The company has a debt-to-equity ratio of -126.64, a quick ratio of 1.58 and a current ratio of 0.27. The company has a market capitalization of C$8.03 million, a P/E ratio of -1.33 and a beta of -0.32. The business has a 50 day moving average of C$0.08 and a 200-day moving average of C$0.10.

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.