Cymat Technologies (CVE:CYM) Trading Up 26.1% – Here’s Why

Shares of Cymat Technologies Ltd. (CVE:CYMGet Free Report) rose 26.1% on Tuesday . The stock traded as high as C$0.16 and last traded at C$0.15. Approximately 303,500 shares changed hands during mid-day trading, an increase of 631% from the average daily volume of 41,500 shares. The stock had previously closed at C$0.12.

Cymat Technologies Price Performance

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 business’s 50-day simple moving average is C$0.12 and its 200-day simple moving average is C$0.13. The stock has a market cap of C$9.53 million, a PE ratio of -2.42 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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