BioRem Inc. (CVE:BRM – Get Free Report) rose 2% on Monday . The stock traded as high as C$2.09 and last traded at C$2.09. Approximately 16,735 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 26,866 shares. The stock had previously closed at C$2.05.
BioRem Price Performance
The stock has a market capitalization of C$32.81 million, a price-to-earnings ratio of 16.08 and a beta of 0.89. The company has a debt-to-equity ratio of 62.28, a quick ratio of 1.08 and a current ratio of 1.48. The company has a fifty day simple moving average of C$2.02 and a two-hundred day simple moving average of C$1.74.
BioRem (CVE:BRM – Get Free Report) last announced its quarterly earnings data on Tuesday, May 28th. The company reported C$0.02 earnings per share for the quarter. BioRem had a return on equity of 38.78% and a net margin of 8.66%. The firm had revenue of C$5.92 million during the quarter.
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.
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