BioRem (CVE:BRM) Sets New 1-Year High – Here’s Why

BioRem Inc. (CVE:BRMGet Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as C$3.79 and last traded at C$3.76, with a volume of 7487 shares changing hands. The stock had previously closed at C$3.77.

BioRem Price Performance

The business’s fifty day simple moving average is C$3.19 and its 200-day simple moving average is C$2.92. The company has a current ratio of 2.04, a quick ratio of 1.08 and a debt-to-equity ratio of 14.17. The firm has a market cap of C$61.86 million, a P/E ratio of 11.34 and a beta of 0.81.

BioRem Company Profile

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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.

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