BioRem (CVE:BRM) Reaches New 12-Month High – What’s Next?

BioRem Inc. (CVE:BRM)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as C$3.41 and last traded at C$3.41, with a volume of 21035 shares. The stock had previously closed at C$3.37.

BioRem Stock Up 1.2%

The company has a debt-to-equity ratio of 18.97, a current ratio of 1.85 and a quick ratio of 1.08. The business has a 50 day moving average price of C$2.66 and a 200 day moving average price of C$2.52. The firm has a market capitalization of C$55.02 million, a P/E ratio of 13.12 and a beta of 1.05.

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.