Bri-Chem (TSE:BRY) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Bri-Chem Corp. (TSE:BRYGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.27 and traded as high as C$0.27. Bri-Chem shares last traded at C$0.27, with a volume of 3,000 shares traded.

Bri-Chem Stock Performance

The firm has a market capitalization of C$7.14 million, a price-to-earnings ratio of -3.38 and a beta of -0.96. The stock has a fifty day moving average price of C$0.28 and a 200-day moving average price of C$0.27. The company has a current ratio of 1.48, a quick ratio of 0.72 and a debt-to-equity ratio of 105.88.

Bri-Chem Company Profile

(Get Free Report)

Bri-Chem Corp supplies drilling fluids for the oil and gas industries. The company provides drilling fluid products, cementing, acidizing and stimulation additives from multiple strategically located warehouses throughout Canada and the United States. Its segments are Fluids Distribution Canada, Fluids Distribution USA, Fluids Blending and Packaging Canada, Fluids Blending and Packaging USA, and Other.

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