BioRem (CVE:BRM) Trading 1.1% Higher – What’s Next?

BioRem Inc. (CVE:BRM) traded up 1.1% during trading on Friday . The company traded as high as C$2.70 and last traded at C$2.70. 5,407 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 20,396 shares. The stock had previously closed at C$2.67.

BioRem Price Performance

The company has a 50-day moving average of C$2.56 and a 200-day moving average of C$2.27. 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 stock has a market cap of C$43.22 million, a price-to-earnings ratio of 24.77 and a beta of 0.88.

BioRem Company Profile

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.