Cymat Technologies (CVE:CYM) Trading 12% Higher – Here’s Why

Cymat Technologies Ltd. (CVE:CYM – Get Free Report)’s share price rose 12% during mid-day trading on Thursday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 67,250 shares changed hands during mid-day trading, an increase of 18% from the average daily volume of 57,230 shares. The stock had previously closed at C$0.13.

Cymat Technologies Stock Performance

The company has a debt-to-equity ratio of -109.14, a current ratio of 0.23 and a quick ratio of 1.58. The company has a market cap of C$14.00 million, a price-to-earnings ratio of -2.33 and a beta of -0.12. The stock has a 50-day moving average price of C$0.11 and a 200 day moving average price of C$0.14.

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.

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