Cymat Technologies (CVE:CYM) Trading Up 21.4% – Here’s Why

Cymat Technologies Ltd. (CVE:CYMGet Free Report)’s share price was up 21.4% during trading on Tuesday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 181,880 shares traded hands during trading, an increase of 285% from the average daily volume of 47,190 shares. The stock had previously closed at C$0.07.

Cymat Technologies Stock Performance

The stock has a market capitalization of C$8.53 million, a price-to-earnings ratio of -1.42 and a beta of -0.32. The firm has a fifty day moving average of C$0.08 and a 200 day moving average of C$0.10. The company has a debt-to-equity ratio of -126.64, a current ratio of 0.27 and a quick ratio of 1.58.

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. 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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