Bri-Chem (TSE:BRY) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Bri-Chem Corp. (TSE:BRYGet Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.29 and traded as high as C$0.37. Bri-Chem shares last traded at C$0.36, with a volume of 216,350 shares changing hands.

Bri-Chem Trading Down 5.3 %

The company has a current ratio of 1.46, a quick ratio of 0.72 and a debt-to-equity ratio of 117.82. The business’s fifty day simple moving average is C$0.30 and its two-hundred day simple moving average is C$0.29. The stock has a market capitalization of C$9.38 million, a P/E ratio of -4.44 and a beta of 1.60.

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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