Bri-Chem (TSE:BRY) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Bri-Chem Corp. (TSE:BRYGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 77,600 shares traded.

Bri-Chem Stock Down 2.0%

The company has a quick ratio of 0.72, a current ratio of 1.48 and a debt-to-equity ratio of 95.18. The company has a market capitalization of C$6.48 million, a PE ratio of -3.50 and a beta of -1.14. The company’s 50 day moving average is C$0.25 and its two-hundred day moving average is C$0.25.

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. A majority of its revenue is derived from the distribution of fluids in the United States of America.

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