Chemtrade Logistics Income Fund (TSE:CHE.UN - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$10.28 and traded as high as C$11.17. Chemtrade Logistics Income Fund shares last traded at C$11.12, with a volume of 118,176 shares trading hands.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on CHE.UN shares. Desjardins boosted their target price on Chemtrade Logistics Income Fund from C$15.00 to C$15.50 and gave the company a "buy" rating in a research note on Thursday, May 22nd. Raymond James Financial upped their target price on Chemtrade Logistics Income Fund from C$14.00 to C$15.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. CIBC upped their target price on Chemtrade Logistics Income Fund from C$10.50 to C$12.50 and gave the stock a "neutral" rating in a report on Thursday, May 22nd. Finally, National Bankshares upped their target price on Chemtrade Logistics Income Fund from C$16.50 to C$17.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$14.33.
Check Out Our Latest Analysis on CHE.UN
Chemtrade Logistics Income Fund Stock Performance
The business has a 50-day moving average price of C$11.13 and a 200-day moving average price of C$10.28. The firm has a market capitalization of C$1.30 billion, a price-to-earnings ratio of 10.15 and a beta of 1.50. The company has a quick ratio of 0.48, a current ratio of 0.40 and a debt-to-equity ratio of 128.02.
About Chemtrade Logistics Income Fund
(
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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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