Cymat Technologies (CVE:CYM) Stock Price Up 4.5% – Here’s Why

Cymat Technologies Ltd. (CVE:CYM)’s stock price traded up 4.5% during mid-day trading on Friday . The stock traded as high as C$0.12 and last traded at C$0.12. 38,250 shares traded hands during mid-day trading, an increase of 17% from the average session volume of 32,619 shares. The stock had previously closed at C$0.11.

Cymat Technologies Trading Up 4.5 %

The business has a fifty day moving average price of C$0.11 and a 200 day moving average price of C$0.14. The company has a market capitalization of C$7.55 million, a price-to-earnings ratio of -1.92 and a beta of 0.75. The company has a debt-to-equity ratio of 901.89, a current ratio of 0.21 and a quick ratio of 1.58.

Cymat Technologies (CVE:CYM) last announced its quarterly earnings data on Friday, September 27th. The company reported C($0.01) earnings per share for the quarter. Cymat Technologies had a negative return on equity of 3,950.54% and a negative net margin of 143.03%. The firm had revenue of C$1.99 million for the quarter.

About Cymat Technologies

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.