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

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

Datametrex AI Stock Down 50.0 %

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

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.