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

Datametrex AI Limited (CVE:DM)’s stock price dropped 50% during 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 mid-day 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 stock has a 50-day moving average price of C$0.01 and a 200 day moving average price of C$0.01. The firm has a market cap of C$3.02 million, a PE 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.