Bri-Chem (TSE:BRY) Sets New 52-Week Low – Should You Sell?

Shares of Bri-Chem Corp. (TSE:BRY – Get Free Report) hit a new 52-week low during trading on Monday. The stock traded as low as C$0.20 and last traded at C$0.21, with a volume of 76,200 shares trading hands. The stock had previously closed at C$0.22.

Bri-Chem Stock Performance

The company has a current ratio of 1.26, a quick ratio of 0.71 and a debt-to-equity ratio of 66.21. The business’s 50 day moving average is C$0.26 and its two-hundred day moving average is C$0.30. The company has a market cap of C$5.68 million, a PE ratio of 5.38 and a beta of -1.67.

Bri-Chem Company Profile

(Get Free Report)

Bri-Chem has established itself, through a combination of strategic acquisitions and organic growth, as the North American industry leader for wholesale distribution and blending of oilfield drilling, completion, stimulation and production chemical fluids. We sell, blend, package and distribute a full range of drilling fluid products from 17 strategically located warehouses throughout Canada and the United States.

Further Reading

Receive News & Ratings for Bri-Chem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bri-Chem and related companies with MarketBeat.com's FREE daily email newsletter.