BluMetric Environmental (CVE:BLM) Reaches New 1-Year High – Here’s What Happened

BluMetric Environmental Inc. (CVE:BLM) reached a new 52-week high on Tuesday . The stock 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 Trading Up 8.3 %

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 stock has a market capitalization of C$24.80 million, a PE ratio of 18.00 and a beta of 1.43. The stock has a 50 day moving average price of C$0.62 and a 200-day moving average price of C$0.50.

Insider Buying and Selling at BluMetric Environmental

In related news, insider Roger Michael Woeller sold 500,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 24th. The shares were sold at an average price of C$0.52, for a total value of C$260,000.00. In other news, Senior Officer John Daniel Hilton acquired 47,000 shares of the business’s stock in a transaction dated Wednesday, September 25th. The stock was purchased at an average price of C$0.65 per share, for a total transaction of C$30,550.00. Also, insider Roger Michael Woeller sold 500,000 shares of the business’s stock in a transaction dated Wednesday, July 24th. The stock was sold at an average price of C$0.52, for a total value of C$260,000.00. Corporate insiders own 11.20% of the company’s stock.

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.