Bri-Chem Corp. (TSE:BRY – Get 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$0.26 and traded as high as C$0.27. Bri-Chem shares last traded at C$0.27, with a volume of 45,000 shares changing hands.
Bri-Chem Trading Up 8.0%
The company has a quick ratio of 0.72, a current ratio of 1.48 and a debt-to-equity ratio of 105.88. The firm’s 50 day moving average is C$0.23 and its two-hundred day moving average is C$0.26. The stock has a market cap of C$7.14 million, a price-to-earnings ratio of -3.86 and a beta of -1.15.
Bri-Chem Company Profile
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. A majority of its revenue is derived from the distribution of fluids in the United States of America.
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