BioRem (CVE:BRM) Shares Down 1.9%

Shares of BioRem Inc. (CVE:BRM) dropped 1.9% on Monday . The company traded as low as C$2.01 and last traded at C$2.02. Approximately 16,400 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 28,387 shares. The stock had previously closed at C$2.06.

BioRem Stock Performance

The company has a debt-to-equity ratio of 62.28, a quick ratio of 1.08 and a current ratio of 1.48. The stock has a market cap of C$31.71 million, a price-to-earnings ratio of 15.54 and a beta of 0.89. The stock has a fifty day simple moving average of C$1.99 and a two-hundred day simple moving average of C$1.63.

BioRem (CVE:BRM) last released its quarterly earnings data on Tuesday, May 28th. The company reported C$0.02 earnings per share for the quarter. BioRem had a return on equity of 38.78% and a net margin of 8.66%. The company had revenue of C$5.92 million for the quarter.

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.