Shares of BioRem Inc. (CVE:BRM – Get Free Report) rose 18.2% on Tuesday . The stock traded as high as C$3.58 and last traded at C$3.58. 148,826 shares were traded during mid-day trading, an increase of 500% from the average session volume of 24,790 shares. The stock had previously closed at C$3.03.
BioRem Stock Down 2.0%
The stock’s 50-day moving average is C$3.11 and its 200-day moving average is C$2.84. The company has a market cap of C$55.69 million, a price-to-earnings ratio of 12.75 and a beta of 0.77. The company has a current ratio of 2.04, a quick ratio of 1.08 and a debt-to-equity ratio of 14.17.
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. 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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