BioRem (CVE:BRM) Director Derek Webb Sells 15,000 Shares of Stock

BioRem Inc. (CVE:BRM) Director Derek Webb sold 15,000 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of C$3.82, for a total transaction of C$57,300.00. Following the sale, the director directly owned 397,370 shares of the company’s stock, valued at C$1,517,953.40. The trade was a 3.64% decrease in their position.

BioRem Trading Up 4.7%

Shares of BRM stock traded up C$0.17 during mid-day trading on Monday, reaching C$3.80. The stock had a trading volume of 45,331 shares, compared to its average volume of 26,106. The stock’s 50-day moving average price is C$3.30 and its two-hundred day moving average price is C$2.99. BioRem Inc. has a 52-week low of C$1.87 and a 52-week high of C$3.95. The firm has a market capitalization of C$61.69 million, a PE ratio of 11.31 and a beta of 0.81. The company has a current ratio of 2.04, a quick ratio of 1.08 and a debt-to-equity ratio of 14.17.

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.