BluMetric Environmental (CVE:BLM) Reaches New 1-Year Low – Should You Sell?

BluMetric Environmental Inc. (CVE:BLM)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.88 and last traded at C$0.94, with a volume of 82467 shares changing hands. The stock had previously closed at C$1.05.

BluMetric Environmental Stock Performance

The stock has a 50 day simple moving average of C$1.28 and a 200 day simple moving average of C$1.35. The company has a quick ratio of 3.08, a current ratio of 1.46 and a debt-to-equity ratio of 25.01. The company has a market cap of C$54.04 million, a price-to-earnings ratio of -16.50 and a beta of -0.16.

BluMetric Environmental Company Profile

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. It also provides environmental site assessment and remediation services, environmental engineering solutions, occupational hygiene and safety, geomatics, and fabrication and operation support services.