BioRem (CVE:BRM) Reaches New 1-Year High – What’s Next?

BioRem Inc. (CVE:BRMGet Free Report)’s share price hit a new 52-week high on Wednesday . The stock traded as high as C$3.62 and last traded at C$3.44, with a volume of 30767 shares changing hands. The stock had previously closed at C$3.59.

BioRem Trading Down 2.0%

The business’s 50 day moving average is C$3.10 and its 200-day moving average is C$2.85. The firm has a market cap of C$55.69 million, a P/E ratio of 10.21 and a beta of 0.77. The company has a quick ratio of 1.08, a current ratio of 2.04 and a debt-to-equity ratio of 14.17.

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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