BluMetric Environmental (CVE:BLM) Hits New 12-Month High – What’s Next?

BluMetric Environmental Inc. (CVE:BLM) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$1.19 and last traded at C$1.18, with a volume of 595571 shares changing hands. The stock had previously closed at C$1.06.

Wall Street Analysts Forecast Growth

Separately, Clarus Securities raised BluMetric Environmental to a “strong-buy” rating in a report on Thursday, February 20th.

BluMetric Environmental Price Performance

The company has a market cap of C$41.28 million, a P/E ratio of 514.22 and a beta of 1.43. The company has a fifty day simple moving average of C$0.99 and a 200-day simple moving average of C$0.85. The company has a debt-to-equity ratio of 55.35, a current ratio of 1.29 and a quick ratio of 3.08.

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.