BioRem (CVE:BRM) Stock Price Down 2.3% – What’s Next?

BioRem Inc. (CVE:BRMGet Free Report)’s share price fell 2.3% during trading on Tuesday . The company traded as low as C$2.99 and last traded at C$3.01. Approximately 43,063 shares traded hands during mid-day trading, an increase of 70% from the average daily volume of 25,317 shares. The stock had previously closed at C$3.08.

BioRem Price Performance

The firm has a market cap of C$48.87 million, a PE ratio of 11.19 and a beta of 0.77. The company has a quick ratio of 1.08, a current ratio of 2.02 and a debt-to-equity ratio of 17.32. The stock has a 50 day moving average price of C$3.20 and a two-hundred day moving average price of C$2.79.

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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