Insider Selling: BioRem (CVE:BRM) Director Sells 28,700 Shares of Stock

BioRem Inc. (CVE:BRM) Director Derek Webb sold 28,700 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of C$3.82, for a total value of C$109,634.00. Following the completion of the sale, the director directly owned 362,370 shares of the company’s stock, valued at approximately C$1,384,253.40. The trade was a 7.34% decrease in their position.

Derek Webb also recently made the following trade(s):

• On Thursday, August 20th, Derek Webb sold 15,000 shares of BioRem stock. The shares were sold at an average price of C$3.82, for a total transaction of C$57,300.00.

BioRem Stock Up 0.6%

BRM traded up C$0.02 during trading on Thursday, reaching C$3.65. 5,115 shares of the stock were exchanged, compared to its average volume of 25,806. The stock has a market cap of C$58.83 million, a P/E ratio of 10.86 and a beta of 0.81. BioRem Inc. has a twelve month low of C$1.87 and a twelve month high of C$3.95. The stock’s 50 day moving average price is C$3.33 and its two-hundred day moving average price is C$3.01. The company has a debt-to-equity ratio of 14.17, a quick ratio of 1.08 and a current ratio of 2.04.

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.