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

Datametrex AI Limited (CVE:DM)’s share price was down 50% during mid-day trading on Friday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 3,344,000 shares were traded 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 Down 50.0 %

The firm’s fifty day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.01. 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 capitalization of C$3.02 million, a price-to-earnings ratio of -0.07 and a beta of 2.59.

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.