Datametrex AI (CVE:DM) Shares Down 50% – Here’s What Happened

Datametrex AI Limited (CVE:DM)’s share price was down 50% during trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 2,181,000 shares changed hands during mid-day trading, an increase of 274% from the average daily volume of 583,273 shares. The stock had previously closed at C$0.01.

Datametrex AI Trading Down 50.0 %

The company has a 50 day moving average price of C$0.01 and a 200 day moving average price of 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. The firm has a market cap of C$3.02 million, a price-to-earnings ratio of -0.07 and a beta of 2.59.

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.