Cymat Technologies (CVE:CYM) Shares Down 8.3% – What’s Next?

Cymat Technologies Ltd. (CVE:CYMGet Free Report)’s stock price fell 8.3% on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. 219,000 shares were traded during 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 stock has a 50 day moving average of C$0.12 and a 200 day moving average of C$0.15. The company has a quick ratio of 1.58, a current ratio of 0.23 and a debt-to-equity ratio of -109.14. The firm 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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