BluMetric Environmental (CVE:BLM) Hits New 1-Year High – Here’s Why

BluMetric Environmental Inc. (CVE:BLM) shares reached a new 52-week high on Tuesday . The company traded as high as C$0.75 and last traded at C$0.78, with a volume of 60800 shares trading hands. The stock had previously closed at C$0.72.

BluMetric Environmental Stock Performance

The company has a market cap of C$23.84 million, a PE ratio of 18.75 and a beta of 1.43. The company has a current ratio of 3.67, a quick ratio of 3.08 and a debt-to-equity ratio of 24.54. The business’s 50 day moving average is C$0.63 and its two-hundred day moving average is C$0.50.

Insider Buying and Selling

In other news, Senior Officer John Daniel Hilton bought 47,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 25th. The stock was bought at an average price of C$0.65 per share, with a total value of C$30,550.00. 11.20% of the stock is currently owned by insiders.

BluMetric Environmental Company Profile

BluMetric Environmental Inc provides solutions for environmental issues worldwide. The company offers professional services in the fields of environmental geosciences and engineering, industrial hygiene, occupational health and safety, renewable energy, water and wastewater treatment, and environmental contracting and management.