Cymat Technologies (CVE:CYM) Trading Up 25% – Time to Buy?

Cymat Technologies Ltd. (CVE:CYMGet Free Report) shares shot up 25% during mid-day trading on Tuesday . The stock traded as high as C$0.13 and last traded at C$0.12. Approximately 722,000 shares traded hands during trading, an increase of 1,392% from the average session volume of 48,396 shares. The stock had previously closed at C$0.10.

Cymat Technologies Stock Up 20.0%

The company has a quick ratio of 1.58, a current ratio of 0.27 and a debt-to-equity ratio of -126.64. The stock has a market cap of C$12.04 million, a price-to-earnings ratio of -2.00 and a beta of -0.53. The business’s fifty day moving average is C$0.08 and its two-hundred day moving average is C$0.09.

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. 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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