Insider Buying: BQE Water Inc. (CVE:BQE) Senior Officer Buys 600 Shares of Stock

BQE Water Inc. (CVE:BQE) Senior Officer Songlin Ye bought 600 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The stock was purchased at an average cost of C$55.50 per share, for a total transaction of C$33,300.00.

Songlin Ye also recently made the following trade(s):

• On Friday, September 13th, Songlin Ye purchased 3,000 shares of BQE Water stock. The stock was purchased at an average price of C$8.75 per share, with a total value of C$26,250.00.
• On Tuesday, July 30th, Songlin Ye sold 800 shares of BQE Water stock. The shares were sold at an average price of C$60.80, for a total value of C$48,640.00.
• On Monday, July 8th, Songlin Ye sold 300 shares of BQE Water stock. The stock was sold at an average price of C$61.00, for a total value of C$18,300.00.

BQE Water Trading Up 5.1 %

BQE stock opened at C$58.31 on Friday. BQE Water Inc. has a 52 week low of C$25.50 and a 52 week high of C$69.00. The company has a market capitalization of C$74.64 million, a PE ratio of 28.76 and a beta of 0.68. The company’s 50-day simple moving average is C$59.13 and its 200 day simple moving average is C$55.18. The company has a debt-to-equity ratio of 12.98, a quick ratio of 3.70 and a current ratio of 5.62.

BQE Water (CVE:BQE) last posted its quarterly earnings data on Tuesday, August 27th. The company reported C$0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.87 by C($0.44). BQE Water had a net margin of 14.27% and a return on equity of 17.67%. The business had revenue of C$3.42 million during the quarter, compared to the consensus estimate of C$4.10 million.

BQE Water Company Profile

BQE Water Inc, a water treatment company, provides wastewater management and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally. It offers water treatment solutions for mine drainage, run-off, waste rock seepage, tailings water, groundwater, and lime plant influent and/or effluent streams for treating metals, sulphate, selenium, nitrate, ammonia, and cyanide in the mining sector; smelting and refining services for treating metals and sulphate; and hydrometallurgy services for the treatment of metals, cyanide, and acids.