Bri-Chem (TSE:BRY) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Bri-Chem Corp. (TSE:BRYGet Free Report)’s share price crossed 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 traded.

Bri-Chem Price Performance

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

Bri-Chem Company Profile

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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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