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

BioRem Inc. (CVE:BRMGet Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as C$2.50 and last traded at C$2.56, with a volume of 39400 shares trading hands. The stock had previously closed at C$2.47.

BioRem Stock Up 3.6 %

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$40.19 million, a P/E ratio of 11.90 and a beta of 0.87. The firm has a 50-day moving average price of C$2.28 and a two-hundred day moving average price of C$2.05.

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

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.

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