Bri-Chem Corp. (TSE:BRY – Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.31 and traded as high as C$0.35. Bri-Chem shares last traded at C$0.34, with a volume of 3,300 shares changing hands.
Bri-Chem Trading Down 4.2%
The company has a quick ratio of 0.71, a current ratio of 1.24 and a debt-to-equity ratio of 67.33. The firm’s 50 day simple moving average is C$0.37 and its 200-day simple moving average is C$0.31. The company has a market capitalization of C$9.12 million, a PE ratio of 4.93 and a beta of -1.29.
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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