Datametrex AI (CVE:DM) Shares Up 60% – Here’s Why

Datametrex AI Limited (CVE:DM)’s share price rose 60% during mid-day trading on Monday . The stock traded as high as C$0.01 and last traded at C$0.01. Approximately 170,035 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 2,437,187 shares. The stock had previously closed at C$0.01.

Datametrex AI Price Performance

The firm has a market capitalization of C$3.02 million, a P/E ratio of -0.07 and a beta of 2.59. The stock’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The company has a debt-to-equity ratio of 554.49, a quick ratio of 2.44 and a current ratio of 0.40.

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.