Cymat Technologies (CVE:CYM) Reaches New 52-Week Low – Here’s Why

Cymat Technologies Ltd. (CVE:CYM)’s stock price reached a new 52-week low on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 30000 shares traded. The stock had previously closed at C$0.08.

Cymat Technologies Stock Performance

The company has a current ratio of 0.27, a quick ratio of 1.58 and a debt-to-equity ratio of -126.64. The firm has a market capitalization of C$7.03 million, a price-to-earnings ratio of -1.17 and a beta of -0.32. The stock’s 50 day moving average price is C$0.08 and its two-hundred day moving average price is C$0.10.

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. It serves automotive, architecture, defense, and general industrial market applications. The company was incorporated in 2006 and is based in Mississauga, Canada.