BioRem (CVE:BRM) Reaches New 12-Month High - Here's What Happened

Key Points

• Shares of BioRem Inc. (CVE:BRM) hit a new 52-week high, trading as high as C$3.33 and last at C$3.19 on volume of 36,077 shares, up about 2.2%.
• The company has a market cap of C$52.76 million and a PE ratio of 12.58, with a debt-to-equity of 18.97, current and quick ratios of 1.85 and 1.08, and 50-/200-day moving averages of C$2.63 and C$2.49.
• BioRem is a clean-technology engineering firm that designs and sells air pollution control systems, including biofilters, biotrickling filters, biogas desulfurization and cannabis odor-control solutions.

Shares of BioRem Inc. (CVE:BRM - ) hit a new 52-week high on Friday . The company traded as high as C$3.33 and last traded at C$3.19, with a volume of 36077 shares changing hands. The stock had previously closed at C$3.20.

BioRem Trading Up 2.2%

The firm has a market cap of C$52.76 million, a PE ratio of 12.58 and a beta of 1.01. The business has a 50-day moving average price of C$2.63 and a two-hundred day moving average price of C$2.49. The company has a debt-to-equity ratio of 18.97, a current ratio of 1.85 and a quick ratio of 1.08.

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.

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