BluMetric Environmental (CVE:BLM) Trading Up 2.7% – Should You Buy?

BluMetric Environmental Inc. (CVE:BLM) shares were up 2.7% on Monday . The company traded as high as C$1.56 and last traded at C$1.54. Approximately 94,600 shares were traded during trading, an increase of 23% from the average daily volume of 77,130 shares. The stock had previously closed at C$1.50.

BluMetric Environmental Price Performance

The stock has a 50 day moving average price of C$1.32 and a two-hundred day moving average price of C$1.36. The company has a debt-to-equity ratio of 55.35, a quick ratio of 3.08 and a current ratio of 1.29. The company has a market capitalization of C$57.02 million, a PE ratio of -154.00 and a beta of 0.13.

Insider Transactions at BluMetric Environmental

In other BluMetric Environmental news, Director Scott Andrew Macfabe sold 56,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of C$1.32, for a total value of C$73,920.00. Following the sale, the director owned 311,622 shares of the company’s stock, valued at C$411,341.04. This trade represents a 15.23% decrease in their position. Over the last quarter, insiders sold 166,441 shares of company stock valued at $223,271. Company insiders own 11.20% of the company’s stock.

About BluMetric Environmental

BluMetric Environmental Inc provides solutions for environmental issues worldwide. The company offers professional services in the fields of environmental geosciences and engineering, industrial hygiene, occupational health and safety, renewable energy, water and wastewater treatment, and environmental contracting and management.