Cymat Technologies (CVE:CYM) Trading Down 19.2% – Should You Sell?

Cymat Technologies Ltd. (CVE:CYMGet Free Report)’s stock price dropped 19.2% on Thursday . The company traded as low as C$0.09 and last traded at C$0.10. Approximately 117,420 shares traded hands during trading, an increase of 115% from the average session volume of 54,656 shares. The stock had previously closed at C$0.13.

Cymat Technologies Stock Performance

The stock’s 50-day moving average price is C$0.09 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 company has a market capitalization of C$10.04 million, a P/E ratio of -1.67 and a beta of -0.45.

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. It serves automotive, architecture, defense, and general industrial market applications. The company was incorporated in 2006 and is based in Mississauga, Canada.

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