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

Datametrex AI Limited (CVE:DM) shares 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 changed hands 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 Stock Performance

The firm’s 50-day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The company has a debt-to-equity ratio of 554.49, a current ratio of 0.40 and a quick ratio of 2.44. The stock has a market cap of C$3.02 million, a P/E ratio of -0.07 and a beta of 2.59.

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.