BioRem (CVE:BRM) Share Price Passes Above 50-Day Moving Average – Should You Sell?

BioRem Inc. (CVE:BRMGet Free Report)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$2.87 and traded as high as C$3.22. BioRem shares last traded at C$3.13, with a volume of 41,521 shares traded.

BioRem Price Performance

The company has a debt-to-equity ratio of 17.32, a quick ratio of 1.08 and a current ratio of 2.02. The company has a market cap of C$50.82 million, a price-to-earnings ratio of 12.04 and a beta of 1.05. The business has a fifty day moving average price of C$2.87 and a 200 day moving average price of C$2.65.

BioRem Company Profile

(Get Free Report)

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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