Cymat Technologies (CVE:CYM) Trading Down 20% – Should You Sell?

Cymat Technologies Ltd. (CVE:CYM)’s stock price fell 20% during trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. 239,027 shares were traded during mid-day trading, an increase of 413% from the average session volume of 46,563 shares. The stock had previously closed at C$0.08.

Cymat Technologies Price Performance

The company has a debt-to-equity ratio of -126.64, a quick ratio of 1.58 and a current ratio of 0.27. The company’s 50 day moving average price is C$0.08 and its 200 day moving average price is C$0.10. The company has a market cap of C$6.02 million, a price-to-earnings ratio of -1.00 and a beta of -0.32.

Cymat Technologies Company Profile

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.