Cymat Technologies (CVE:CYM) Trading Up 47.8% – Should You Buy?

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

Cymat Technologies Stock Performance

The stock has a 50 day simple moving average of C$0.12 and a 200 day simple moving average of C$0.13. The company has a market capitalization of C$9.53 million, a price-to-earnings ratio of -2.42 and a beta of 0.75. The company has a quick ratio of 1.58, a current ratio of 0.21 and a debt-to-equity ratio of 901.89.

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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