Cymat Technologies (CVE:CYM) Stock Price Up 47.8% – Here’s What Happened

Cymat Technologies Ltd. (CVE:CYMGet Free Report) rose 47.8% during trading on Tuesday . The stock traded as high as C$0.17 and last traded at C$0.17. Approximately 360,000 shares traded hands during trading, an increase of 591% from the average daily volume of 52,125 shares. The stock had previously closed at C$0.12.

Cymat Technologies Trading Up 47.8 %

The company’s 50 day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.13. The company has a quick ratio of 1.58, a current ratio of 0.21 and a debt-to-equity ratio of 901.89. The company has a market capitalization of C$11.17 million, a price-to-earnings ratio of -2.83 and a beta of 0.75.

Cymat Technologies Company Profile

(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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