BluMetric Environmental (CVE:BLM) Stock Price Up 13.3% - Here's What Happened

BluMetric Environmental Inc. (CVE:BLM - Get Free Report)'s stock price traded up 13.3% during mid-day trading on Wednesday . The stock traded as high as C$1.60 and last traded at C$1.53. 96,420 shares traded hands during trading, an increase of 32% from the average session volume of 73,269 shares. The stock had previously closed at C$1.35.

BluMetric Environmental Stock Performance

The stock has a market capitalization of C$49.39 million, a PE ratio of 615.30 and a beta of 1.43. The company has a debt-to-equity ratio of 55.35, a quick ratio of 3.08 and a current ratio of 1.29. The firm has a 50 day moving average of C$1.45 and a 200-day moving average of C$1.20.

Insider Buying and Selling

In other BluMetric Environmental news, Director Scott Andrew Macfabe sold 42,682 shares of BluMetric Environmental stock in a transaction on Thursday, June 5th. The shares were sold at an average price of C$1.43, for a total transaction of C$61,035.26. Insiders have purchased 29,221 shares of company stock worth $41,164 over the last quarter. Insiders own 11.20% of the company's stock.

About BluMetric Environmental

BluMetric Environmental Inc provides solutions for environmental issues worldwide. The company offers professional services in the fields of environmental geosciences and engineering, industrial hygiene, occupational health and safety, renewable energy, water and wastewater treatment, and environmental contracting and management.