Cymat Technologies (CVE:CYM) Stock Price Up 39.1% – Still a Buy?

Cymat Technologies Ltd. (CVE:CYMGet Free Report)’s stock price rose 39.1% during trading on Tuesday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 329,500 shares changed hands during mid-day trading, an increase of 596% from the average daily volume of 47,313 shares. The stock had previously closed at C$0.12.

Cymat Technologies Stock Performance

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

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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