Datametrex AI (CVE:DM) Stock Price Down 50% – Here’s Why

Shares of Datametrex AI Limited (CVE:DM) dropped 50% during mid-day trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 3,344,000 shares were traded during trading, an increase of 271% from the average daily volume of 902,478 shares. The stock had previously closed at C$0.01.

Datametrex AI Trading Down 50.0 %

The company has a quick ratio of 2.44, a current ratio of 0.40 and a debt-to-equity ratio of 554.49. The firm has a market capitalization of C$3.02 million, a price-to-earnings ratio of -0.07 and a beta of 2.59. The business has a 50-day moving average of C$0.01 and a two-hundred day moving average of C$0.01.

Datametrex AI Company Profile

Datametrex AI Limited engages in the collecting, analyzing, and presenting structured and unstructured data using machine learning and artificial intelligence in Canada and South Korea. The company operates through two segments, AI and Technology and Health Care. It offers health security businesses, including concierge medical services, and telemedicine services; Imagine Health consisting of integrated medical centre, pharmacy, and ancillary services; physician consultation and medical professional services; and sale of prescription drugs and over-the-counter products.