Datametrex AI (CVE:DM) Trading Down 50% – Here’s Why

Datametrex AI Limited (CVE:DM)’s stock price traded down 50% during mid-day trading on Friday . The stock traded as low as C$0.01 and last traded at C$0.01. 1,686,000 shares changed hands during trading, an increase of 89% from the average session volume of 894,300 shares. The stock had previously closed at C$0.01.

Datametrex AI Price Performance

The company has a 50 day moving average price of C$0.01 and a 200-day moving average price of C$0.01. The company has a market cap of C$3.02 million, a price-to-earnings ratio of -0.07 and a beta of 2.59. The company has a quick ratio of 2.44, a current ratio of 0.40 and a debt-to-equity ratio of 554.49.

About Datametrex AI

Datametrex AI Limited engages in the collecting, analyzing, and presenting structured and unstructured data using machine learning and artificial intelligence in Canada and South Korea. The company operates through two segments, AI and Technology and Health Care. It offers health security businesses, including concierge medical services, and telemedicine services; Imagine Health consisting of integrated medical centre, pharmacy, and ancillary services; physician consultation and medical professional services; and sale of prescription drugs and over-the-counter products.