Bri-Chem (TSE:BRY) Reaches New 52-Week High – Here’s What Happened
by Amy Steele · The Cerbat GemBri-Chem Corp. (TSE:BRY – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as C$0.44 and last traded at C$0.44, with a volume of 15000 shares trading hands. The stock had previously closed at C$0.41.
Bri-Chem Stock Performance
The firm has a 50 day moving average price of C$0.35 and a 200 day moving average price of C$0.28. The stock has a market cap of C$11.63 million, a PE ratio of 6.29 and a beta of -1.41. The company has a quick ratio of 0.72, a current ratio of 1.24 and a debt-to-equity ratio of 67.33.
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.