Cymat Technologies (CVE:CYM) Hits New 52-Week Low – Here’s Why

Cymat Technologies Ltd. (CVE:CYM)’s stock price reached a new 52-week low on Monday . The company traded as low as C$0.09 and last traded at C$0.11, with a volume of 28000 shares trading hands. The stock had previously closed at C$0.11.

Cymat Technologies Stock Performance

The company has a market capitalization of C$7.23 million, a PE ratio of -1.83 and a beta of 0.75. The company has a debt-to-equity ratio of 901.89, a current ratio of 0.21 and a quick ratio of 1.58. The firm’s 50 day moving average is C$0.11 and its 200 day moving average is C$0.14.

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

Cymat Technologies Company Profile

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.