Does CEMATRIX Corp Have Any Gas After Today’s Huge Increase?

 Does CEMATRIX Corp Have Any Gas After Today's Huge Increase?

The stock of CEMATRIX Corp (CVE:CVX) is a huge mover today! About 39,000 shares traded hands or 44.77% up from the average. CEMATRIX Corp (CVE:CVX) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.
The move comes after 8 months positive chart setup for the $11.38 million company. It was reported on Dec, 1 by Barchart.com. We have $0.35 PT which if reached, will make CVE:CVX worth $341,400 more.

More important recent CEMATRIX Corp (CVE:CVX) news were published by: Reuters.com which released: “BRIEF-Cematrix Corp qtrly loss per share $0.011” on November 24, 2016, also Finance.Yahoo.com published article titled: “CEMATRIX Corporation Announces a $500000 Equipment Financing Agreement”, Marketwired.com published: “CEMATRIX Corporation Announces Joint Marketing Agreement with Lafarge” on June 27, 2016. More interesting news about CEMATRIX Corp (CVE:CVX) was released by: Seekingalpha.com and their article: “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 $11.38 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 41.88 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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