Cymat Technologies (CVE:CYM) Reaches New 12-Month Low – Should You Sell?

Cymat Technologies Ltd. (CVE:CYM)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as C$0.09 and last traded at C$0.10, with a volume of 51500 shares changing hands. The stock had previously closed at C$0.11.

Cymat Technologies Stock Performance

The firm’s 50 day simple moving average is C$0.13 and its 200-day simple moving average is C$0.15. 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 company has a market capitalization of C$6.57 million, a price-to-earnings ratio of -1.75 and a beta of 0.75.

Cymat Technologies (CVE:CYM) last announced its earnings results 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 firm 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.