BioRem (CVE:BRM) Stock Price Down 2.1% – Should You Sell?

BioRem Inc. (CVE:BRMGet Free Report) was down 2.1% during mid-day trading on Friday . The company traded as low as C$2.36 and last traded at C$2.36. Approximately 10,306 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 15,576 shares. The stock had previously closed at C$2.41.

BioRem Stock Down 2.1%

The company has a market cap of C$37.77 million, a price-to-earnings ratio of 21.65 and a beta of 1.14. The business has a 50-day simple moving average of C$2.54 and a two-hundred day simple moving average of C$2.24. The company has a quick ratio of 1.08, a current ratio of 1.91 and a debt-to-equity ratio of 37.47.

About BioRem

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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.

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