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BluMetric Environmental (CVE:BLM) Stock Price Up 1.4% - Should You Buy?

BluMetric Environmental logo with Industrials background

BluMetric Environmental Inc. (CVE:BLM - Get Free Report) shares rose 1.4% during mid-day trading on Monday . The company traded as high as C$1.43 and last traded at C$1.43. Approximately 37,716 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 78,106 shares. The stock had previously closed at C$1.41.

BluMetric Environmental Price Performance

The business has a fifty day moving average price of C$1.41 and a 200-day moving average price of C$1.13. The company has a current ratio of 1.29, a quick ratio of 3.08 and a debt-to-equity ratio of 55.35. The stock has a market capitalization of C$50.45 million, a PE ratio of 628.49 and a beta of 1.43.

Insider Buying and Selling at BluMetric Environmental

In related news, Director Scott Andrew Macfabe sold 42,682 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of C$1.43, for a total transaction of C$61,035.26. Insiders acquired 10,095 shares of company stock valued at $13,964 in the last 90 days. Insiders own 11.20% of the company's stock.

About BluMetric Environmental

(Get Free Report)

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.

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