BioRem (CVE:BRM) Stock Price Up 2.3% – Time to Buy?

Shares of BioRem Inc. (CVE:BRMGet Free Report) traded up 2.3% on Wednesday . The company traded as high as C$3.08 and last traded at C$3.08. 68,545 shares traded hands during mid-day trading, an increase of 126% from the average session volume of 30,386 shares. The stock had previously closed at C$3.01.

BioRem Stock Performance

The company has a market cap of C$48.36 million, a P/E ratio of 14.67 and a beta of 0.85. The company has a quick ratio of 1.08, a current ratio of 1.57 and a debt-to-equity ratio of 48.97. The business has a fifty day simple moving average of C$2.63 and a two-hundred day simple moving average of C$2.29.

BioRem (CVE:BRMGet Free Report) last announced its earnings results on Monday, August 26th. The company reported C$0.02 earnings per share (EPS) for the quarter. BioRem had a net margin of 11.35% and a return on equity of 59.68%. The company had revenue of C$7.30 million during the quarter.

About BioRem

(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.

Further Reading

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