CEMATRIX Co. (CVE:CVX) Senior Officer Jeffrey Norman Kendrick Sells 750,000 Shares of Stock

CEMATRIX Co. (CVE:CVXGet Free Report) Senior Officer Jeffrey Norman Kendrick sold 750,000 shares of the stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of C$0.35, for a total transaction of C$262,500.00.

CEMATRIX Stock Performance

CVE CVX traded up C$0.04 during trading hours on Friday, reaching C$0.47. 801,061 shares of the company were exchanged, compared to its average volume of 176,852. The company has a quick ratio of 1.97, a current ratio of 2.15 and a debt-to-equity ratio of 11.29. The stock has a market capitalization of C$62.91 million, a P/E ratio of 46.50 and a beta of 0.86. CEMATRIX Co. has a 1 year low of C$0.18 and a 1 year high of C$0.47. The business’s 50 day simple moving average is C$0.37 and its 200-day simple moving average is C$0.32.

CEMATRIX (CVE:CVXGet Free Report) last posted its quarterly earnings results on Wednesday, April 10th. The company reported C$0.02 EPS for the quarter. CEMATRIX had a net margin of 2.32% and a return on equity of 4.37%. The company had revenue of C$19.55 million for the quarter. On average, equities research analysts expect that CEMATRIX Co. will post 0.0229277 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Clarus Securities raised CEMATRIX to a “strong-buy” rating in a research report on Friday, May 10th.

Read Our Latest Analysis on CEMATRIX

About CEMATRIX

(Get Free Report)

CEMATRIX Corporation, through its subsidiaries, focuses on the sale and onsite production of cellular concrete for various applications in the infrastructure, industrial, and commercial construction markets in North America. Its cellular concrete products are used as lightweight backfill for MSE walls, bridge approach fills, roadways and runways, and slope stabilization; insulation material for oil and gas facility slabs, roadways, shallow utilities, and contaminated site remediation; and grout, such as tunnel grouting, annular pipe grout, and pipe abandonment, as well as flowable fills applications.

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