Cymat Technologies (CVE:CYM) Shares Up 8.7% – What’s Next?

Cymat Technologies Ltd. (CVE:CYM) shares shot up 8.7% during mid-day trading on Monday . The company traded as high as C$0.13 and last traded at C$0.13. 2,000 shares were traded during mid-day trading, a decline of 94% from the average session volume of 31,468 shares. The stock had previously closed at C$0.12.

Cymat Technologies Price Performance

The company has a 50-day moving average of C$0.11 and a 200 day moving average of C$0.13. The company has a debt-to-equity ratio of 901.89, a quick ratio of 1.58 and a current ratio of 0.21. The firm has a market cap of C$8.21 million, a P/E ratio of -2.08 and a beta of 0.75.

Cymat Technologies (CVE:CYM) last issued its quarterly earnings data on Friday, September 27th. The company reported C($0.01) earnings per share (EPS) for the quarter. Cymat Technologies had a negative net margin of 143.03% and a negative return on equity of 3,950.54%. The company had revenue of C$1.99 million for the quarter.

About Cymat Technologies

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.