BioRem (CVE:BRM) Director Derek Webb Sells 28,700 Shares of Stock

Key Points

  • Director Derek Webb sold 28,700 BioRem shares at an average price of C$3.82, generating C$109,634 and reducing his direct holdings by 7.34% to 362,370 shares.
  • Webb also sold 15,000 shares on August 20 at C$3.82, bringing his recent sales to 43,700 shares worth C$166,934.
  • BioRem shares opened at C$3.64, with a market capitalization of approximately C$58.67 million and a 52-week trading range of C$1.87 to C$3.95.

BioRem Inc. (CVE:BRM - Get Free Report) Director Derek Webb sold 28,700 shares of the business's stock in a transaction dated Monday, August 24th. The stock was sold at an average price of C$3.82, for a total value of C$109,634.00. Following the completion of the transaction, the director directly owned 362,370 shares of the company's stock, valued at approximately C$1,384,253.40. This trade represents a 7.34% decrease in their position.

Derek Webb also recently made the following trade(s):

  • On Thursday, August 20th, Derek Webb sold 15,000 shares of BioRem stock. The shares were sold at an average price of C$3.82, for a total transaction of C$57,300.00.

BioRem Stock Performance

Shares of CVE BRM opened at C$3.64 on Friday. The firm's 50-day moving average price is C$3.34 and its 200-day moving average price is C$3.02. The company has a quick ratio of 1.08, a current ratio of 2.04 and a debt-to-equity ratio of 14.17. The company has a market cap of C$58.67 million, a PE ratio of 10.83 and a beta of 0.81. BioRem Inc. has a 52-week low of C$1.87 and a 52-week high of C$3.95.

About BioRem

(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.

Further Reading

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