BioRem (CVE:BRM) Reaches New 1-Year High – Here’s What Happened

BioRem Inc. (CVE:BRMGet Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as C$2.86 and last traded at C$2.80, with a volume of 290020 shares. The stock had previously closed at C$2.46.

BioRem Stock Up 13.4 %

The company has a debt-to-equity ratio of 48.97, a current ratio of 1.57 and a quick ratio of 1.08. The company has a market capitalization of C$43.80 million, a price-to-earnings ratio of 13.29 and a beta of 0.85. The firm’s 50-day simple moving average is C$2.47 and its two-hundred day simple moving average is C$2.19.

BioRem (CVE:BRMGet Free Report) last released its quarterly earnings data on Monday, August 26th. The company reported C$0.02 earnings per share for the quarter. The firm had revenue of C$7.30 million during the quarter. BioRem had a return on equity of 59.68% and a net margin of 11.35%.

About BioRem

(Get Free Report)

BioRem Inc, a clean technology engineering company, designs, manufactures, distributes, and sells air pollution control systems that are used to eliminate odors, volatile organic compounds (VOCs), and hazardous air pollutants (HAPs). It offers biofilters for the removal of odors, H2S, VOCs, and HAPs; and biotrickling filters for applications of high levels of H2S or other water-soluble VOCs.

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