Cymat Technologies (CVE:CYM) Trading 18.8% Higher – Here’s Why
by Tristan Rich · The Markets DailyShares of Cymat Technologies Ltd. (CVE:CYM – Get Free Report) shot up 18.8% on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 238,100 shares traded 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 Stock Performance
The stock’s 50 day moving average price is C$0.07 and its 200 day moving average price is C$0.09. The company has a current ratio of 0.27, a quick ratio of 1.58 and a debt-to-equity ratio of -126.64. The firm has a market cap of C$9.54 million, a PE ratio of -1.58 and a beta of -0.25.
Cymat Technologies Company Profile
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.