BioRem (CVE:BRM) Shares Pass Above 50-Day Moving Average – What’s Next?

BioRem Inc. (CVE:BRMGet Free Report)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$2.87 and traded as high as C$3.22. BioRem shares last traded at C$3.13, with a volume of 41,521 shares changing hands.

BioRem Trading Down 1.0%

The business’s fifty day moving average is C$2.88 and its 200-day moving average is C$2.65. The company has a debt-to-equity ratio of 17.32, a quick ratio of 1.08 and a current ratio of 2.02. The firm has a market cap of C$50.33 million, a P/E ratio of 11.52 and a beta of 1.05.

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. 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.

Featured Stories

Receive News & Ratings for BioRem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BioRem and related companies with MarketBeat.com's FREE daily email newsletter.