Cymat Technologies (CVE:CYM) Shares Down 15.4% – Should You Sell?

Shares of Cymat Technologies Ltd. (CVE:CYMGet Free Report) dropped 15.4% during mid-day trading on Friday . The company traded as low as C$0.10 and last traded at C$0.11. Approximately 692,900 shares were traded during trading, an increase of 1,560% from the average daily volume of 41,733 shares. The stock had previously closed at C$0.13.

Cymat Technologies Price Performance

The firm has a fifty day simple moving average of C$0.17 and a 200 day simple moving average of C$0.15. The company has a market capitalization of C$8.47 million, a PE ratio of -2.20 and a beta of -0.14. The company has a debt-to-equity ratio of -109.14, a quick ratio of 1.58 and a current ratio of 0.23.

Cymat Technologies Company Profile

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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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