BioRem (CVE:BRM) Stock Price Up 1% – Here’s Why

BioRem Inc. (CVE:BRMGet Free Report) shares traded up 1% during mid-day trading on Tuesday . The company traded as high as C$3.10 and last traded at C$3.10. 9,351 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 27,397 shares. The stock had previously closed at C$3.07.

BioRem Price Performance

The company has a debt-to-equity ratio of 17.32, a current ratio of 2.02 and a quick ratio of 1.08. The company’s 50 day simple moving average is C$3.07 and its 200 day simple moving average is C$2.74. The company has a market capitalization of C$50.33 million, a PE ratio of 11.52 and a beta of 0.84.

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. 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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