BioRem (CVE:BRM) Sets New 12-Month High – Here’s Why

BioRem Inc. (CVE:BRMGet Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$2.64 and last traded at C$2.61, with a volume of 19783 shares. The stock had previously closed at C$2.52.

BioRem Stock Up 0.8 %

The firm’s fifty day simple moving average is C$2.40 and its 200-day simple moving average is C$2.13. The company has a market cap of C$40.82 million, a PE ratio of 12.57 and a beta of 0.85. The company has a quick ratio of 1.08, a current ratio of 1.57 and a debt-to-equity ratio of 48.97.

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

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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