BioRem (CVE:BRM) Hits New 12-Month High – Still a Buy?

Shares of BioRem Inc. (CVE:BRMGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$2.64 and last traded at C$2.60, with a volume of 8130 shares changing hands. The stock had previously closed at C$2.62.

BioRem Stock Down 1.2 %

The firm has a market capitalization of C$39.41 million, a P/E ratio of 11.95 and a beta of 0.85. The stock has a fifty day moving average of C$2.36 and a 200 day moving average of C$2.10. The company has a debt-to-equity ratio of 48.97, a current ratio of 1.57 and a quick ratio of 1.08.

BioRem (CVE:BRMGet Free Report) last posted its quarterly earnings results on Monday, August 26th. The company reported C$0.02 earnings per share for the quarter. BioRem had a net margin of 11.35% and a return on equity of 59.68%. The company had revenue of C$7.30 million during the quarter.

About BioRem

(Get Free Report)

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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