BioRem (CVE:BRM) Sets New 52-Week High – Here’s What Happened

Shares of BioRem Inc. (CVE:BRMGet Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$3.79 and last traded at C$3.76, with a volume of 7487 shares changing hands. The stock had previously closed at C$3.77.

BioRem Stock Down 0.5%

The business’s fifty day moving average price is C$3.16 and its two-hundred day moving average price is C$2.90. The company has a debt-to-equity ratio of 14.17, a quick ratio of 1.08 and a current ratio of 2.04. The firm has a market capitalization of C$60.88 million, a P/E ratio of 11.16 and a beta of 0.81.

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.

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