BluMetric Environmental (CVE:BLM) Shares Up 8.8% – Still a Buy?

Shares of BluMetric Environmental Inc. (CVE:BLM) rose 8.8% during mid-day trading on Friday . The company traded as high as C$0.99 and last traded at C$0.99. Approximately 112,949 shares changed hands during trading, an increase of 25% from the average daily volume of 90,557 shares. The stock had previously closed at C$0.91.

BluMetric Environmental Price Performance

The company has a debt-to-equity ratio of 25.01, a quick ratio of 3.08 and a current ratio of 1.46. The stock has a market capitalization of C$54.04 million, a price-to-earnings ratio of -14.14 and a beta of 0.35. The company has a 50-day moving average of C$1.09 and a 200-day moving average of C$1.30.

BluMetric Environmental Company Profile

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. It also provides environmental site assessment and remediation services, environmental engineering solutions, occupational hygiene and safety, geomatics, and fabrication and operation support services.