BioRem (CVE:BRM) Stock Price Down 2.3% – Time to Sell?

BioRem Inc. (CVE:BRMGet Free Report) was down 2.3% on Tuesday . The stock traded as low as C$2.99 and last traded at C$3.01. 43,063 shares traded hands during trading, an increase of 70% from the average session volume of 25,317 shares. The stock had previously closed at C$3.08.

BioRem Stock Up 0.7%

The firm has a market capitalization of C$49.52 million, a PE ratio of 11.34 and a beta of 0.77. The stock has a 50-day simple moving average of C$3.19 and a 200-day simple moving average of C$2.79. The company has a quick ratio of 1.08, a current ratio of 2.02 and a debt-to-equity ratio of 17.32.

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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