Bri-Chem (TSE:BRY) Share Price Crosses Above Two Hundred Day Moving Average of $0.12

Bri-Chem Corp (TSE:BRY) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.12 and traded as high as $0.12. Bri-Chem shares last traded at $0.12, with a volume of 15,000 shares changing hands.

The stock’s 50-day moving average is C$0.09 and its 200-day moving average is C$0.12. The stock has a market cap of $2.63 million and a price-to-earnings ratio of -0.47. The company has a debt-to-equity ratio of 138.12, a current ratio of 1.69 and a quick ratio of 0.76.

Bri-Chem (TSE:BRY) last issued its quarterly earnings results on Wednesday, November 13th. The company reported C($0.01) earnings per share for the quarter. The business had revenue of C$21.80 million during the quarter. Analysts predict that Bri-Chem Corp will post -0.0730435 EPS for the current fiscal year.

About Bri-Chem (TSE:BRY)

Bri-Chem Corp. engages in the wholesale distribution of drilling fluid chemicals and additives to the resource industry in North America. It operates through five segments: Fluids Distribution Canada, Fluids Distribution USA, Fluids Blending & Packaging Canada, Fluids Blending & Packaging USA, and Other.

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