Cymat Technologies (CVE:CYM) Trading Up 47.8% – Here’s Why

Cymat Technologies Ltd. (CVE:CYMGet Free Report)’s share price shot up 47.8% on Wednesday . The stock traded as high as C$0.17 and last traded at C$0.17. 360,000 shares were traded during mid-day trading, an increase of 586% from the average session volume of 52,500 shares. The stock had previously closed at C$0.12.

Cymat Technologies Trading Up 47.8 %

The business’s 50-day simple moving average is C$0.11 and its 200-day simple moving average is C$0.13. The company has a market cap of C$11.17 million, a PE ratio of -2.83 and a beta of 0.75. The company has a current ratio of 0.21, a quick ratio of 1.58 and a debt-to-equity ratio of 901.89.

Cymat Technologies Company Profile

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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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