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

Datametrex AI Limited (CVE:DM) was down 50% during mid-day trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 2,181,000 shares were traded during trading, an increase of 274% from the average daily volume of 583,273 shares. The stock had previously closed at C$0.01.

Datametrex AI Price Performance

The company’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 market capitalization of C$3.02 million, a PE ratio of -0.07 and a beta of 2.59. The company has a current ratio of 0.40, a quick ratio of 2.44 and a debt-to-equity ratio of 554.49.

About Datametrex AI

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.