BioRem (CVE:BRM) Reaches New 12-Month High – Here’s What Happened

BioRem Inc. (CVE:BRMGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$3.41 and last traded at C$3.41, with a volume of 21035 shares trading hands. The stock had previously closed at C$3.37.

BioRem Stock Performance

The firm’s 50-day moving average price is C$2.67 and its 200-day moving average price is C$2.53. The company has a quick ratio of 1.08, a current ratio of 1.85 and a debt-to-equity ratio of 18.97. The company has a market cap of C$55.02 million, a P/E ratio of 13.12 and a beta of 1.05.

About BioRem

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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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