Cymat Technologies (CVE:CYM) Shares Up 47.8% – Should You Buy?

Cymat Technologies Ltd. (CVE:CYMGet Free Report)’s share price was up 47.8% on Tuesday . The company traded as high as C$0.17 and last traded at C$0.17. Approximately 357,000 shares changed hands during trading, an increase of 587% from the average daily volume of 52,000 shares. The stock had previously closed at C$0.12.

Cymat Technologies Stock Up 47.8 %

The company has a quick ratio of 1.58, a current ratio of 0.21 and a debt-to-equity ratio of 901.89. The stock has a market capitalization of C$11.17 million, a P/E ratio of -2.83 and a beta of 0.75. The company has a fifty day moving average price of C$0.11 and a 200-day moving average price of C$0.13.

About Cymat Technologies

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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.

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