BioRem (CVE:BRM) Reaches New 1-Year High – What’s Next?

BioRem Inc. (CVE:BRMGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as C$2.64 and last traded at C$2.60, with a volume of 8130 shares. The stock had previously closed at C$2.62.

BioRem Stock Performance

The company has a debt-to-equity ratio of 48.97, a current ratio of 1.57 and a quick ratio of 1.08. The firm has a market cap of C$40.35 million, a price-to-earnings ratio of 12.24 and a beta of 0.85. The firm has a fifty day simple moving average of C$2.34 and a two-hundred day simple moving average of C$2.09.

BioRem (CVE:BRMGet Free Report) last issued its quarterly earnings results 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 business 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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