Cymat Technologies (CVE:CYM) Stock Price Down 8.3% – Here’s What Happened

Cymat Technologies Ltd. (CVE:CYMGet Free Report)’s stock price traded down 8.3% during mid-day trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.11. 219,000 shares changed hands during mid-day trading, an increase of 280% from the average session volume of 57,687 shares. The stock had previously closed at C$0.12.

Cymat Technologies Stock Performance

The company has a debt-to-equity ratio of -109.14, a quick ratio of 1.58 and a current ratio of 0.23. The stock’s 50-day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.15. The stock has a market cap of C$11.00 million, a price-to-earnings ratio of -1.83 and a beta of -0.12.

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. 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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