Bri-Chem (TSE:BRY) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Bri-Chem Corp. (TSE:BRYGet Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.27 and traded as high as C$0.35. Bri-Chem shares last traded at C$0.32, with a volume of 3,700 shares trading hands.

Bri-Chem Trading Down 5.9 %

The firm has a 50-day moving average price of C$0.26 and a 200-day moving average price of C$0.27. 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 stock has a market capitalization of C$8.46 million, a PE ratio of -4.00 and a beta of 1.60.

About Bri-Chem

(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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