BioRem (CVE:BRM) Sets New 12-Month High – Here’s Why

BioRem Inc. (CVE:BRMGet Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$3.59 and last traded at C$3.66, with a volume of 100740 shares changing hands. The stock had previously closed at C$3.44.

BioRem Trading Down 1.3%

The company has a debt-to-equity ratio of 14.17, a current ratio of 2.04 and a quick ratio of 1.08. The company has a market cap of C$59.74 million, a PE ratio of 10.95 and a beta of 0.81. The company’s 50 day simple moving average is C$3.14 and its two-hundred day simple moving average is C$2.88.

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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