BioRem Inc. (CVE:BRM – Get Free Report)’s share price dropped 3.7% on Tuesday . The stock traded as low as C$2.35 and last traded at C$2.35. Approximately 26,951 shares changed hands during mid-day trading, a decline of 2% from the average daily volume of 27,413 shares. The stock had previously closed at C$2.44.
BioRem Price Performance
The firm has a market cap of C$36.90 million, a price-to-earnings ratio of 11.19 and a beta of 0.87. The company has a current ratio of 1.57, a quick ratio of 1.08 and a debt-to-equity ratio of 48.97. The stock’s fifty day moving average price is C$2.22 and its 200-day moving average price is C$1.99.
BioRem (CVE:BRM – Get Free Report) last posted its earnings results on Monday, August 26th. The company reported C$0.02 earnings per share (EPS) for the quarter. BioRem had a return on equity of 59.68% and a net margin of 11.35%. The company had revenue of C$7.30 million during the quarter.
About BioRem
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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