Chemtrade Logistics Income Fund (TSE:CHE.UN) Share Price Crosses Above 200 Day Moving Average of $10.25

Share on StockTwits

Chemtrade Logistics Income Fund (TSE:CHE.UN)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $10.25 and traded as high as $10.97. Chemtrade Logistics Income Fund shares last traded at $10.89, with a volume of 144,274 shares changing hands.

Several equities analysts have weighed in on CHE.UN shares. TD Securities lifted their target price on Chemtrade Logistics Income Fund from C$12.00 to C$12.50 and gave the company a “buy” rating in a research report on Friday, November 8th. CIBC raised their price objective on shares of Chemtrade Logistics Income Fund from C$11.00 to C$12.00 in a research note on Friday, November 8th. Finally, Raymond James reissued a “market perform” rating and issued a C$12.50 price objective on shares of Chemtrade Logistics Income Fund in a research note on Friday, November 8th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of C$12.07.

The firm has a market cap of $1.01 billion and a PE ratio of -5.46. The company has a quick ratio of 0.64, a current ratio of 1.76 and a debt-to-equity ratio of 192.59. The business has a 50-day moving average price of C$10.73 and a two-hundred day moving average price of C$10.25.

The business also recently declared a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 29th were given a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 11.04%. The ex-dividend date was Wednesday, October 30th. Chemtrade Logistics Income Fund’s dividend payout ratio is currently -60.30%.

About Chemtrade Logistics Income Fund (TSE:CHE.UN)

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.

Featured Article: Rule of 72

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

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.