BluMetric Environmental (CVE:BLM) Reaches New 1-Year High – Time to Buy?

BluMetric Environmental Inc. (CVE:BLM) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$1.24 and last traded at C$1.23, with a volume of 41780 shares. The stock had previously closed at C$1.24.

Wall Street Analyst Weigh In

Separately, Clarus Securities upgraded shares of BluMetric Environmental to a “strong-buy” rating in a report on Thursday, February 20th.

BluMetric Environmental Trading Down 4.8 %

The company has a debt-to-equity ratio of 55.35, a quick ratio of 3.08 and a current ratio of 1.29. The firm has a market capitalization of C$41.63 million, a price-to-earnings ratio of 518.61 and a beta of 1.43. The business has a fifty day moving average price of C$1.01 and a 200 day moving average price of C$0.87.

BluMetric Environmental Company Profile

BluMetric Environmental Inc provides solutions for environmental issues worldwide. The company offers professional services in the fields of environmental geosciences and engineering, industrial hygiene, occupational health and safety, renewable energy, water and wastewater treatment, and environmental contracting and management.