Cymat Technologies (CVE:CYM) Stock Price Up 26.1% – Here’s Why

Cymat Technologies Ltd. (CVE:CYMGet Free Report)’s share price shot up 26.1% during mid-day trading on Tuesday . The company traded as high as C$0.16 and last traded at C$0.15. 303,500 shares changed hands during mid-day trading, an increase of 631% from the average session volume of 41,500 shares. The stock had previously closed at C$0.12.

Cymat Technologies Stock Up 39.1 %

The business’s 50 day moving average price is C$0.11 and its 200-day moving average price is C$0.13. The firm has a market capitalization of C$10.51 million, a PE ratio of -2.67 and a beta of 0.75. The company has a debt-to-equity ratio of 901.89, a quick ratio of 1.58 and a current ratio of 0.21.

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.

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