Cymat Technologies (CVE:CYM) Shares Up 25% – Time to Buy?

Cymat Technologies Ltd. (CVE:CYM – Get Free Report) shot up 25% during trading on Wednesday. The company traded as high as C$0.10 and last traded at C$0.10. Approximately 119,312 shares traded hands during trading, an increase of 127% from the average daily volume of 52,580 shares. The stock had previously closed at C$0.08.

Cymat Technologies Price Performance

The company has a debt-to-equity ratio of -98.85, a quick ratio of 1.58 and a current ratio of 0.16. The company has a market cap of C$10.03 million, a P/E ratio of -2.50 and a beta of -0.85. The firm has a 50 day moving average price of C$0.10 and a two-hundred day moving average price of C$0.09.

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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