Cymat Technologies (CVE:CYM) Trading 47.8% Higher – Here’s Why

Cymat Technologies Ltd. (CVE:CYM) shares traded up 47.8% during mid-day trading on Wednesday . The company traded as high as C$0.17 and last traded at C$0.17. 360,000 shares traded hands during mid-day trading, an increase of 586% from the average session volume of 52,500 shares. The stock had previously closed at C$0.12.

Cymat Technologies Stock Performance

The company has a market capitalization of C$11.17 million, a P/E ratio of -2.83 and a beta of 0.75. The business has a 50-day moving average of C$0.11 and a 200-day moving average of C$0.13. The company has a debt-to-equity ratio of 901.89, a current ratio of 0.21 and a quick ratio of 1.58.

About Cymat Technologies

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.