Datametrex AI (CVE:DM) Shares Down 16.7% – Here’s What Happened

Datametrex AI Limited (CVE:DM) shares dropped 16.7% during mid-day trading on Friday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 105,522 shares were traded during mid-day trading, an increase of 36% from the average daily volume of 77,813 shares. The stock had previously closed at C$0.12.

Datametrex AI Stock Performance

The company has a quick ratio of 2.44, a current ratio of 0.40 and a debt-to-equity ratio of 554.49. The business’s 50-day simple moving average is C$0.10 and its two-hundred day simple moving average is C$0.09. The firm has a market cap of C$3.24 million, a price-to-earnings ratio of -0.94 and a beta of 1.05.

Datametrex AI Company Profile

Datametrex AI Limited engages in the collecting, analyzing, and presenting structured and unstructured data using machine learning and artificial intelligence in Canada and South Korea. The company operates through two segments, AI and Technology and Health Care. It offers health security businesses, including concierge medical services, and telemedicine services; Imagine Health consisting of integrated medical centre, pharmacy, and ancillary services; physician consultation and medical professional services; and sale of prescription drugs and over-the-counter products.