BioRem Inc. (CVE:BRM – Get Free Report) dropped 2.2% on Monday . The company traded as low as C$2.20 and last traded at C$2.20. Approximately 56,646 shares changed hands during trading, an increase of 116% from the average daily volume of 26,206 shares. The stock had previously closed at C$2.25.
BioRem Stock Performance
The company has a debt-to-equity ratio of 54.82, a quick ratio of 1.08 and a current ratio of 1.62. The company has a market cap of C$34.54 million, a PE ratio of 12.22 and a beta of 0.86. The business’s 50-day moving average is C$2.05 and its 200 day moving average is C$1.83.
BioRem (CVE:BRM – Get Free Report) last released its quarterly earnings data on Tuesday, May 28th. The company reported C$0.02 EPS for the quarter. BioRem had a return on equity of 53.68% and a net margin of 11.04%. The firm had revenue of C$5.92 million for the quarter.
About BioRem
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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