Bri-Chem (TSE:BRY) Share Price Passes Below Two Hundred Day Moving Average of $0.32

Bri-Chem Corp. (TSE:BRY)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.32 and traded as low as C$0.26. Bri-Chem shares last traded at C$0.26, with a volume of 9,000 shares changing hands.

Bri-Chem Price Performance

The stock’s 50-day moving average is C$0.25 and its 200 day moving average is C$0.32. The company has a debt-to-equity ratio of 140.35, a quick ratio of 0.72 and a current ratio of 1.42. The stock has a market capitalization of C$7.14 million, a PE ratio of 9.00 and a beta of 1.76.

Bri-Chem (TSE:BRY) last issued its quarterly earnings data on Thursday, May 16th. The company reported C($0.07) earnings per share (EPS) for the quarter. Bri-Chem had a return on equity of 4.05% and a net margin of 0.86%. The firm had revenue of C$21.37 million for the quarter. As a group, equities analysts expect that Bri-Chem Corp. will post -0.07 earnings per share for the current year.

About Bri-Chem

Bri-Chem Corp., together with its subsidiaries, engages in the wholesale distribution of oilfield chemicals for the oil and gas industry in North America. The company supplies, blends, and packages drilling fluid products in various weights and clays, lost circulation materials, chemicals, and oil mud products.