Cymat Technologies (CVE:CYM) Trading Up 18.8% – Here’s What Happened

Cymat Technologies Ltd. (CVE:CYM)’s share price was up 18.8% on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. 238,100 shares changed hands during trading, an increase of 403% from the average session volume of 47,306 shares. The stock had previously closed at C$0.08.

Cymat Technologies Price Performance

The company’s 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.09. The stock has a market cap of C$7.53 million, a P/E ratio of -1.25 and a beta of -0.25. The company has a debt-to-equity ratio of -126.64, a current ratio of 0.27 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. It serves automotive, architecture, defense, and general industrial market applications. The company was incorporated in 2006 and is based in Mississauga, Canada.