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

BioRem Inc. (CVE:BRM)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$2.64 and last traded at C$2.61, with a volume of 19783 shares traded. The stock had previously closed at C$2.52.

BioRem Stock Performance

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 50 day simple moving average of C$2.38 and a 200-day simple moving average of C$2.12. The stock has a market capitalization of C$40.82 million, a P/E ratio of 12.43 and a beta of 0.85.

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

About BioRem

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.