Datametrex AI (CVE:DM) Trading Down 50% – Here’s Why

Datametrex AI Limited (CVE:DM)’s share price dropped 50% during mid-day trading on Friday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 11,842,376 shares were traded during mid-day trading, an increase of 1,207% from the average daily volume of 906,398 shares. The stock had previously closed at C$0.01.

Datametrex AI Trading Down 50.0 %

The business’s 50 day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The company has a market cap of C$3.02 million, a price-to-earnings ratio of -0.07 and a beta of 2.59. The company has a debt-to-equity ratio of 554.49, a quick ratio of 2.44 and a current ratio of 0.40.

About Datametrex AI

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.