CEMATRIX Corp’s Trend Down, Especially After Today’s Weak Session

 CEMATRIX Corp's Trend Down, Especially After Today's Weak Session

The stock of CEMATRIX Corp (CVE:CVX) is a huge mover today! About 71,700 shares traded hands or 181.81% up from the average. CEMATRIX Corp (CVE:CVX) has risen 6.00% since September 19, 2016 and is uptrending. It has outperformed by 0.46% the S&P500.
The move comes after 7 months negative chart setup for the $13.79M company. It was reported on Oct, 19 by Barchart.com. We have $0.33 PT which if reached, will make CVE:CVX worth $1.65M less.

More notable recent CEMATRIX Corp (CVE:CVX) news were published by: Marketwired.com which released: “CEMATRIX Corporation Announces Joint Marketing Agreement with Lafarge” on June 27, 2016, also Seekingalpha.com with their article: “CEMATRIX Talks With MicroCapClub About Cellular Concrete Gaining Momentum In …” published on April 27, 2016, Marketwired.com published: “CEMATRIX Corporation Secures $2.6 Million in New Contracts for 2016” on March 28, 2016. More interesting news about CEMATRIX Corp (CVE:CVX) were released by: Stockhouse.com and their article: “CEMATRIX Corporation Secures $2.5 Million in New Contracts” published on September 14, 2016 as well as Marketwired.com‘s news article titled: “CEMATRIX Corporation Ranks 171 on the 2016 PROFIT 500” with publication date: September 15, 2016.

CEMATRIX CORPORATION is a manufacturer and supplier of cellular concrete products with applications in various markets. The company has a market cap of $13.79 million. The Firm focuses on the construction market for infrastructure in Western Canada and Ontario and on a selective basis in Quebec, the Northwest Territories and the United States, and gas and oil construction projects in Western Canada. It has a 9.49 P/E ratio. The Company’s cellular concrete applications include industrial, oilsands, gas and oil facilities, such as tank foundation systems, pile cap and module infill and insulation, shallow foundation and slab insulation and shallow utility insulation, and infrastructure, such as shallow utility insulation, road construction, bridge abutment and approach backfill, tunnel grouting and lightweight engineered fill.

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