Cymat Technologies (CVE:CYM) Shares Up 4.5% – Should You Buy?

Cymat Technologies Ltd. (CVE:CYM) was up 4.5% during mid-day trading on Friday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 38,250 shares were traded during trading, an increase of 17% from the average daily volume of 32,619 shares. The stock had previously closed at C$0.11.

Cymat Technologies Trading Up 4.5 %

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 firm has a market cap of C$7.55 million, a P/E ratio of -1.92 and a beta of 0.75. The firm’s 50-day simple moving average is C$0.11 and its 200 day simple moving average is C$0.14.

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