The stock of CEMATRIX Corp (CVE:CVX) is a huge mover today! About 56,000 shares traded hands or 147.19% up from the average. CEMATRIX Corp (CVE:CVX) has risen 6.00% since October 18, 2016 and is uptrending. It has outperformed by 1.38% the S&P500.
The move comes after 9 months negative chart setup for the $13.27M company. It was reported on Nov, 17 by Barchart.com. We have $0.34 PT which if reached, will make CVE:CVX worth $1.46M less.
More notable recent CEMATRIX Corp (CVE:CVX) news were published by: Marketwired.com which released: “CEMATRIX Corporation Secures $2.2 Million in New Contracts” on November 17, 2016, also Finance.Yahoo.com with their article: “CEMATRIX Corporation Announces a $500000 Equipment Financing Agreement” published on October 31, 2016, Marketwired.com published: “CEMATRIX Corporation Announces Joint Marketing Agreement with Lafarge” on June 27, 2016. More interesting news about CEMATRIX Corp (CVE:CVX) were released by: Marketwired.com and their article: “CEMATRIX Corporation Secures $2.5 Million in New Contracts” published on September 14, 2016 as well as Seekingalpha.com‘s news article titled: “CEMATRIX Talks With MicroCapClub About Cellular Concrete Gaining Momentum In …” with publication date: April 27, 2016.
CEMATRIX CORPORATION is a manufacturer and supplier of cellular concrete products with applications in various markets. The company has a market cap of $13.27 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 9.74 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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