BluMetric Environmental (CVE:BLM) Shares Up 6.1% – Should You Buy?

BluMetric Environmental Inc. (CVE:BLM)’s stock price shot up 6.1% during mid-day trading on Tuesday . The company traded as high as C$0.90 and last traded at C$0.87. 39,024 shares traded hands during trading, a decline of 3% from the average session volume of 40,206 shares. The stock had previously closed at C$0.82.

BluMetric Environmental Price Performance

The company has a debt-to-equity ratio of 24.54, a quick ratio of 3.08 and a current ratio of 3.67. The business has a 50-day simple moving average of C$0.82 and a 200 day simple moving average of C$0.62. The firm has a market cap of C$26.07 million, a P/E ratio of 20.50 and a beta of 1.43.

Insider Buying and Selling at BluMetric Environmental

In other news, Senior Officer John Daniel Hilton bought 47,000 shares of the stock in a transaction dated Wednesday, September 25th. The stock was bought at an average price of C$0.65 per share, for a total transaction of C$30,550.00. 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.