Datametrex AI Ltd (CVE:DM) shares hit a new 52-week low during trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.05, with a volume of 227383 shares. The stock had previously closed at C$0.05.
Separately, Fundamental Research initiated coverage on Datametrex AI in a research note on Friday, November 23rd. They set a “buy” rating and a C$0.28 target price for the company.
The company has a debt-to-equity ratio of 8.99, a quick ratio of 0.42 and a current ratio of 0.48.
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Datametrex AI Limited provides big data and artificial intelligence services primarily in Canada. The company primarily focuses on collecting, analyzing, and presenting structured and unstructured data using machine learning and artificial intelligence. It offers DataTap, a plug and play solution that allows merchants to collect and analyze data in real time from multiple POS systems in one location or many locations; Dashboard access to customers through any connected device; and enterprise resource planning solution with insight, tools, and the support to businesses.
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