Cymat Technologies (CVE:CYM) Trading Down 15.4% – What’s Next?

Cymat Technologies Ltd. (CVE:CYMGet Free Report)’s stock price dropped 15.4% on Friday . The company traded as low as C$0.10 and last traded at C$0.11. Approximately 684,900 shares changed hands during mid-day trading, an increase of 1,756% from the average daily volume of 36,894 shares. The stock had previously closed at C$0.13.

Cymat Technologies Stock Down 15.4%

The stock’s fifty day moving average is C$0.17 and its two-hundred day moving average is C$0.15. 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$8.47 million, a PE ratio of -2.20 and a beta of -0.14.

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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