BioRem (CVE:BRM) Sets New 52-Week High – Here’s What Happened

Shares of BioRem Inc. (CVE:BRMGet Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$3.79 and last traded at C$3.76, with a volume of 7487 shares trading hands. The stock had previously closed at C$3.77.

BioRem Stock Performance

The business has a fifty day simple moving average of C$3.16 and a two-hundred day simple moving average of C$2.90. The company has a debt-to-equity ratio of 14.17, a current ratio of 2.04 and a quick ratio of 1.08. The company has a market cap of C$60.88 million, a PE ratio of 11.16 and a beta of 0.81.

BioRem Company Profile

(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. The company also provides multi-stage systems to remove odors from various municipal/urban wastewater treatment processes; biogas desulfurization systems; dry scrubber adsorption systems; and cannabis odor control systems.

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