BioRem (CVE:BRM) Sets New 52-Week High – Still a Buy?

BioRem Inc. (CVE:BRMGet Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as C$2.86 and last traded at C$2.80, with a volume of 290020 shares changing hands. The stock had previously closed at C$2.46.

BioRem Trading Up 13.4 %

The business has a 50-day moving average of C$2.47 and a 200 day moving average of C$2.19. The stock has a market cap of C$43.80 million, a PE ratio of 13.29 and a beta of 0.85. The company has a debt-to-equity ratio of 48.97, a quick ratio of 1.08 and a current ratio of 1.57.

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

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.

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