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The latest update is out from Datametrex AI ( (TSE:DM) ).
Datametrex AI’s subsidiary Paymetrex has signed a technology licensing agreement with U.S.-based payments orchestration firm AnywhereCommerce, gaining access to its suite of payment products and services to bolster Paymetrex’s YuzuPay-branded platform. By combining AnywhereCommerce’s hardware and software with Paymetrex’s proprietary IP and expanding patent portfolio, the partners aim to deliver a broad range of payment solutions, including traditional card and debit processing as well as crypto and crypto-to-cash settlement, while targeting high-value merchant segments such as art, jewelry, automotive and luxury rentals; this collaboration is expected to enhance Paymetrex’s market differentiation, strengthen its technology infrastructure, and position it to benefit from the high-growth global cryptocurrency payments market.
The most recent analyst rating on (TSE:DM) stock is a Hold with a C$0.08 price target. To see the full list of analyst forecasts on Datametrex AI stock, see the TSE:DM Stock Forecast page.
Spark’s Take on TSE:DM Stock
According to Spark, TipRanks’ AI Analyst, TSE:DM is a Neutral.
Overall score is weighed down primarily by weak financial performance (shrinking revenue, sizable losses, negative free cash flow, and elevated leverage with thin equity). Technicals also remain soft with price below key moving averages and a negative MACD. Valuation provides limited support due to negative earnings and no dividend yield data.
To see Spark’s full report on TSE:DM stock, click here.
More about Datametrex AI
Datametrex AI Limited, through its wholly owned subsidiary Paymetrex Payment Solutions Inc., operates in the payments technology sector, providing merchant-focused payment solutions including credit card terminals, credit and debit processing, and cryptocurrency payment capabilities. Paymetrex markets its offerings under the YuzuPay brand, targeting merchants directly and via ISVs and ISOs across North America, and supports its positioning with a portfolio of 10 granted patents related to payments, including mobile-based cryptocurrency payments.
Average Trading Volume: 92,412
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$7.32M
For a thorough assessment of DM stock, go to TipRanks’ Stock Analysis page.