BioRem (CVE:BRM) Reaches New 12-Month High – Still a Buy?

BioRem Inc. (CVE:BRMGet Free Report)’s stock price hit a new 52-week high on Wednesday . The company traded as high as C$3.62 and last traded at C$3.44, with a volume of 30767 shares traded. The stock had previously closed at C$3.59.

BioRem Price Performance

The company has a debt-to-equity ratio of 17.32, a quick ratio of 1.08 and a current ratio of 2.02. The company has a market capitalization of C$56.17 million, a PE ratio of 12.86 and a beta of 0.77. The company’s 50-day simple moving average is C$3.10 and its 200-day simple moving average is C$2.84.

About BioRem

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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.

Further Reading

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