BluMetric Environmental (CVE:BLM) Reaches New 1-Year High – Still a Buy?

Shares of BluMetric Environmental Inc. (CVE:BLM) hit a new 52-week high on Monday . The stock traded as high as C$0.78 and last traded at C$0.78, with a volume of 3700 shares. The stock had previously closed at C$0.76.

BluMetric Environmental Price Performance

The company has a market cap of C$26.39 million, a P/E ratio of 20.75 and a beta of 1.43. The company’s 50-day moving average price is C$0.65 and its two-hundred day moving average price is C$0.51. The company has a current ratio of 3.67, a quick ratio of 3.08 and a debt-to-equity ratio of 24.54.

Insider Activity at BluMetric Environmental

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