Datametrex AI (CVE:DM) Trading Down 50% – Time to Sell?

Datametrex AI Limited (CVE:DM)’s share price dropped 50% during mid-day trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 196,130 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 583,280 shares. The stock had previously closed at C$0.01.

Datametrex AI Stock Performance

The company has a current ratio of 0.40, a quick ratio of 2.44 and a debt-to-equity ratio of 554.49. The company has a market cap of C$6.04 million, a P/E ratio of -0.14 and a beta of 2.59. The business’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01.

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.