BioRem (CVE:BRM) Shares Down 1.9% – Time to Sell?

BioRem Inc. (CVE:BRM)’s stock price fell 1.9% on Friday . The company traded as low as C$2.65 and last traded at C$2.65. 21,109 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 56,561 shares. The stock had previously closed at C$2.70.

BioRem Trading Down 1.9%

The company’s fifty day moving average price is C$2.44 and its two-hundred day moving average price is C$2.22. The company has a current ratio of 1.91, a quick ratio of 1.08 and a debt-to-equity ratio of 37.47. The firm has a market cap of C$42.72 million, a P/E ratio of 24.31 and a beta of 0.98.

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.