Cymat Technologies (CVE:CYM) Shares Up 11.9%

Cymat Technologies Ltd. (CVE:CYM)’s stock price shot up 11.9% on Wednesday . The company traded as high as C$0.34 and last traded at C$0.33, 32,305 shares changed hands during trading. An increase of 13% from the average session volume of 28,641 shares. The stock had previously closed at C$0.30.

The stock’s fifty day simple moving average is C$0.31 and its two-hundred day simple moving average is C$0.30. The company has a market capitalization of $11.77 million and a price-to-earnings ratio of -9.17.

About Cymat Technologies (CVE:CYM)

Cymat Technologies Ltd., a materials technology company, manufactures and sells stabilized aluminum foam products worldwide. The company offers 3-D and low pressure casting products for use in defense and military, automotive, and other applications. It also provides architectural materials under the Alusion brand name; and automotive and blast mitigation products under the SmartMetal brand name.

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