Chemtrade Logistics Income Fund (TSE:CHE.UN - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$10.28 and traded as high as C$10.89. Chemtrade Logistics Income Fund shares last traded at C$10.84, with a volume of 69,371 shares trading hands.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on CHE.UN shares. CIBC decreased their target price on Chemtrade Logistics Income Fund from C$15.00 to C$13.00 in a report on Tuesday, December 10th. Desjardins boosted their price objective on shares of Chemtrade Logistics Income Fund from C$13.25 to C$14.00 and gave the stock a "buy" rating in a research note on Thursday, October 17th. Raymond James raised their target price on shares of Chemtrade Logistics Income Fund from C$13.00 to C$14.00 in a research note on Monday, November 18th. Finally, BMO Capital Markets lifted their target price on shares of Chemtrade Logistics Income Fund from C$12.00 to C$15.00 in a report on Tuesday, November 19th.
Check Out Our Latest Stock Analysis on Chemtrade Logistics Income Fund
Chemtrade Logistics Income Fund Trading Down 0.2 %
The company has a debt-to-equity ratio of 128.02, a current ratio of 0.40 and a quick ratio of 0.48. The business's fifty day simple moving average is C$11.24 and its 200 day simple moving average is C$10.28. The stock has a market cap of C$1.26 billion, a price-to-earnings ratio of 9.85 and a beta of 1.50.
Chemtrade Logistics Income Fund Company Profile
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Chemtrade Logistics Income Fund provides industrial chemicals and services in Canada, the United States, and South America. It operates through Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), and Electrochemicals (EC) segments. The SPPC segment removes and/or produces merchant, regenerated, and ultra pure sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides.
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