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

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

Bri-Chem Stock Performance

The stock has a market cap of C$5.68 million, a P/E ratio of 5.38 and a beta of -1.67. The company has a debt-to-equity ratio of 66.21, a current ratio of 1.26 and a quick ratio of 0.71. The firm’s 50-day moving average price is C$0.26 and its 200-day moving average price is C$0.30.

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

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