Bri-Chem (TSE:BRY) Stock Price Down 22.7%

Shares of Bri-Chem Corp. (TSE:BRYGet Free Report) fell 22.7% during mid-day trading on Wednesday . The company traded as low as C$0.26 and last traded at C$0.26. 104,122 shares traded hands during mid-day trading, an increase of 245% from the average session volume of 30,154 shares. The stock had previously closed at C$0.33.

Bri-Chem Trading Down 22.7 %

The firm has a market cap of C$6.74 million, a PE ratio of -3.19 and a beta of 1.60. The firm has a fifty day simple moving average of C$0.29 and a two-hundred day simple moving average of C$0.30. The company has a current ratio of 1.46, a quick ratio of 0.72 and a debt-to-equity ratio of 117.82.

Bri-Chem (TSE:BRYGet Free Report) last announced its earnings results on Wednesday, August 14th. The company reported C($0.02) earnings per share for the quarter. Bri-Chem had a negative net margin of 2.02% and a negative return on equity of 8.63%. The company had revenue of C$19.11 million for the quarter. Equities analysts forecast that Bri-Chem Corp. will post -0.07 EPS for the current year.

Bri-Chem Company Profile

(Get Free Report)

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.

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