BluMetric Environmental (CVE:BLM) Sets New 52-Week High – Here’s Why

BluMetric Environmental Inc. (CVE:BLM) shares reached a new 52-week high on Friday . The stock traded as high as C$1.19 and last traded at C$1.18, with a volume of 595571 shares traded. The stock had previously closed at C$1.06.

Analyst Ratings Changes

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

BluMetric Environmental Stock Up 9.4 %

The stock has a market cap of C$40.92 million, a P/E ratio of 509.82 and a beta of 1.43. The company has a current ratio of 1.29, a quick ratio of 3.08 and a debt-to-equity ratio of 55.35. The firm’s fifty day moving average is C$0.99 and its 200 day moving average is C$0.85.

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.