Bri-Chem Corp. (TSE:BRY – Get Free Report)’s stock price hit a new 52-week high on Tuesday . The company traded as high as C$0.39 and last traded at C$0.39, with a volume of 7500 shares. The stock had previously closed at C$0.37.
Bri-Chem Stock Up 5.4%
The stock has a 50 day moving average of C$0.29 and a 200-day moving average of C$0.26. The firm has a market capitalization of C$10.31 million, a P/E ratio of 9.75 and a beta of -1.07. The company has a debt-to-equity ratio of 74.44, a quick ratio of 0.72 and a current ratio of 1.22.
About Bri-Chem
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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