BioRem (CVE:BRM) Reaches New 1-Year High – What’s Next?

Shares of BioRem Inc. (CVE:BRMGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as C$2.64 and last traded at C$2.60, with a volume of 8130 shares changing hands. The stock had previously closed at C$2.62.

BioRem Stock Performance

The firm has a 50-day moving average of C$2.34 and a two-hundred day moving average of C$2.09. The company has a quick ratio of 1.08, a current ratio of 1.57 and a debt-to-equity ratio of 48.97. The company has a market capitalization of C$40.35 million, a PE ratio of 12.24 and a beta of 0.85.

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

About BioRem

(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.

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