BioRem (CVE:BRM) Stock Price Down 2.1% – Time to Sell?

Shares of BioRem Inc. (CVE:BRM) traded down 2.1% during trading on Friday . The stock traded as low as C$2.36 and last traded at C$2.36. 10,306 shares traded hands during trading, a decline of 34% from the average session volume of 15,576 shares. The stock had previously closed at C$2.41.

BioRem Stock Down 2.1%

The business’s fifty day moving average price is C$2.54 and its two-hundred day moving average price is C$2.24. The company has a debt-to-equity ratio of 37.47, a quick ratio of 1.08 and a current ratio of 1.91. The firm has a market capitalization of C$37.77 million, a P/E ratio of 21.65 and a beta of 1.14.

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.