Bri-Chem (TSE:BRY) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened
by Scott Moore · The Cerbat GemBri-Chem Corp. (TSE:BRY – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.25 and traded as high as C$0.25. Bri-Chem shares last traded at C$0.25, with a volume of 19,000 shares traded.
Bri-Chem Stock Performance
The company has a fifty day moving average of C$0.25 and a 200-day moving average of C$0.25. The company has a current ratio of 1.22, a quick ratio of 0.72 and a debt-to-equity ratio of 74.44. The company has a market capitalization of C$6.61 million, a price-to-earnings ratio of 6.25 and a beta of -1.14.
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.