Should I buy or sell Chemtrade Logistics Income Fund stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chemtrade Logistics Income Fund in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CGIFF shares. View CGIFF analyst ratings or view top-rated stocks .

What is Chemtrade Logistics Income Fund's stock price target for 2024?

2 Wall Street research analysts have issued 1-year price objectives for Chemtrade Logistics Income Fund's stock. Their CGIFF share price targets range from $6.75 to $12.00. On average, they expect the company's stock price to reach $8.55 in the next twelve months. This suggests a possible upside of 36.8% from the stock's current price. View analysts price targets for CGIFF or view top-rated stocks among Wall Street analysts .

How have CGIFF shares performed in 2023?

Chemtrade Logistics Income Fund's stock was trading at $6.65 at the beginning of the year. Since then, CGIFF shares have decreased by 6.0% and is now trading at $6.25. View the best growth stocks for 2023 here .

Are investors shorting Chemtrade Logistics Income Fund?

Chemtrade Logistics Income Fund saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 244,900 shares, an increase of 19.8% from the October 31st total of 204,500 shares. Based on an average trading volume of 5,300 shares, the days-to-cover ratio is presently 46.2 days. View Chemtrade Logistics Income Fund's Short Interest .

Is Chemtrade Logistics Income Fund a good dividend stock?

Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) pays an annual dividend of $1.20 per share and currently has a dividend yield of 6.54%. CGIFF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 3,463.30%. Payout ratios above 75% are not desirable because they may not be sustainable.

How do I buy shares of Chemtrade Logistics Income Fund?

Shares of CGIFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Chemtrade Logistics Income Fund Stock Price, News & Analysis (OTCMKTS:CGIFF)

$6.25

+0.03 (+0.48%)

(As of 12/8/2023 ET)

Compare

Today's Range: $6.21
▼
$6.25
50-Day Range: $5.61
▼
$6.60
52-Week Range: $5.26
▼
$7.64

Volume: 14,572 shs
Average Volume: 4,670 shs
Market Capitalization: N/A

P/E Ratio: 180.38
Dividend Yield: 19.20%
Price Target: $8.55

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

Chemtrade Logistics Income Fund MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 36.8% Upside
$8.55 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.53 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Chemtrade Logistics Income Fund has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.55, Chemtrade Logistics Income Fund has a forecasted upside of 36.8% from its current price of $6.25.
Amount of Analyst Coverage
Chemtrade Logistics Income Fund has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Chemtrade Logistics Income Fund has a short interest ratio ("days to cover") of 46.2, which indicates bearish sentiment.
Change versus previous month
Short interest in Chemtrade Logistics Income Fund has recently increased by 19.76%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Chemtrade Logistics Income Fund is a leading dividend payer. It pays a dividend yield of 6.54%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Chemtrade Logistics Income Fund does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Chemtrade Logistics Income Fund is 3,463.30%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CGIFF.

N/A

News and Social Media Coverage

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Chemtrade Logistics Income Fund insiders have not sold or bought any company stock.
Percentage Held by Institutions
47.51% of the stock of Chemtrade Logistics Income Fund is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Chemtrade Logistics Income Fund is 180.38, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 111.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Chemtrade Logistics Income Fund is 180.38, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 86.47.

See Top Rated MarketRank™ Stocks Here

About Chemtrade Logistics Income Fund Stock (OTCMKTS:CGIFF)

Chemtrade Logistics Income Fund offers industrial chemicals and services in Canada, the United States, and South America. It operates through two segments, Sulphur and Water Chemicals (SWC) and Electrochemicals (EC). The SWC segment markets, removes and/or produces merchant, regenerated and ultra pure sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides. This segment also manufactures and markets various inorganic coagulants used in water treatment, including aluminum sulphate, aluminum chlorohydrate, polyaluminum chloride, and ferric sulphate; and specialty chemicals, including sodium nitrite and phosphorus pentasulphide. The EC segment manufactures and markets sodium chlorate and chlor-alkali products, including caustic soda, chlorine, and hydro-chloric acid for the pulp and paper, oil and gas, and water treatment industries. It also offers industrial services, such as processing by-products and waste streams. Chemtrade Logistics Income Fund was founded in 2001 and is headquartered in Toronto, Canada.

CGIFF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CGIFF Stock News Headlines

November 14, 2023 | msn.com

Chemtrade Logistics Income Fund reports Q3 results

November 14, 2023 | finance.yahoo.com

Chemtrade Logistics Income Fund Announces Results for the Third Quarter of 2023

December 9, 2023 | DTI Trader (Ad)

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October 16, 2023 | msn.com

Chemtrade Logistics: I Am Buying The Debt For An 8.2% Yield

October 10, 2023 | finance.yahoo.com

Chemtrade Increases 2023 Adjusted EBITDA Guidance by $25 Million and Now Expects Adjusted EBITDA to Exceed $475 Million

September 20, 2023 | technews.tmcnet.com

Chemtrade Logistics Income Fund Declares September 2023 Distribution

August 22, 2023 | financialpost.com

Chemtrade Logistics Income Fund Declares August 2023 Distribution

July 31, 2023 | theglobeandmail.com

Closing Bell: Chemtrade Logistics Income Fund flat on Monday (CHE-UN)

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June 30, 2023 | finance.yahoo.com

CHEMTRADE LOGISTICS INCOME FUND COMPLETES REDEMPTION OF ITS REMAINING 4.75% CONVERTIBLE UNSECURED SUBORDINATED DEBENTURES DUE MAY 31, 2024

June 23, 2023 | finance.yahoo.com

Chemtrade Provides Business and Project Updates

June 17, 2023 | fool.com

Chemtrade Logistics Income Fund (TSX: CHE.UN)

May 11, 2023 | seekingalpha.com

Chemtrade Logistics Income Fund reports Q1 results

May 10, 2023 | finance.yahoo.com

Chemtrade Logistics Income Fund Announces Redemption of Its Remaining 4.75% Convertible Unsecured Subordinated Debentures Due May 31, 2024

May 10, 2023 | finance.yahoo.com

Chemtrade Logistics Income Fund Announces Record First Quarter Results

May 4, 2023 | finance.yahoo.com

Chemtrade Logistics Income Fund Completes $100 Million Partial Redemption of 4.75% Convertible Unsecured Subordinated Debentures Due May 31, 2024

April 21, 2023 | msn.com

Chemtrade Logistics Income Fund - Unit (CGIFF) Declares $0.05 Dividend

April 19, 2023 | finance.yahoo.com

Chemtrade Logistics Income Fund to Announce First Quarter 2023 Results on May 10, 2023

April 19, 2023 | finance.yahoo.com

Chemtrade Logistics Income Fund Declares April 2023 Distribution

April 12, 2023 | theglobeandmail.com

Closing Bell: Chemtrade Logistics Income Fund down on Wednesday (CHE-UN)

March 22, 2023 | finance.yahoo.com

Chemtrade Logistics Income Fund Declares March 2023 Distribution

March 8, 2023 | finance.yahoo.com

IIROC Trading Halt - CHE.DB.H

February 27, 2023 | finance.yahoo.com

Chemtrade Logistics Income Fund Announces $100 Million Convertible Debenture Bought Deal Financing and Intention to Partially Redeem 4.75% Convertible Unsecured Debentures due May 31, 2024

February 22, 2023 | seekingalpha.com

Chemtrade Logistics Income Fund reports Q4 results

February 17, 2023 | financialpost.com

Chemtrade Logistics Income Fund Declares February 2023 Distribution

February 15, 2023 | uk.finance.yahoo.com

Investors in Chemtrade Logistics Income Fund (TSE:CHE.UN) have unfortunately lost 5.3% over the last five years

January 25, 2023 | finance.yahoo.com

Chemtrade Logistics Income Fund to Announce Fourth Quarter 2022 Results on February 22, 2023

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Chemicals
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: OTCMKTS:CGIFF
CUSIP: N/A
CIK: N/A
Web: www.chemtradelogistics.com
Phone: (416) 496-5856
Fax: N/A
Employees: 1,474
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.55
High Stock Price Target: $12.00
Low Stock Price Target: $6.75
Potential Upside/Downside: +36.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 180.38
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Scott William Rook (Age 57)
CEO, President & Trustee
Comp: $4.26M
Mr. Rohit Bhardwaj (Age 58)
VP of Finance & CFO
Comp: $2.59M
Ms. Susan M. Pare
General Counsel & Corporate Secretary
Ms. Emily Powers
Group Vice President of Human Resources & Responsible Care
Mr. Tim Montgomery
Group Vice President of Manufacturing & Engineering
Mr. Tony Hupman
Director of Corporate Finance
Mr. Nicholas Elliott
Corporate Controller

Key Competitors

View All Competitors

CGIFF Stock Analysis - Frequently Asked Questions

Should I buy or sell Chemtrade Logistics Income Fund stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chemtrade Logistics Income Fund in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CGIFF shares.
View CGIFF analyst ratings or view top-rated stocks.
What is Chemtrade Logistics Income Fund's stock price target for 2024?: 2 Wall Street research analysts have issued 1-year price objectives for Chemtrade Logistics Income Fund's stock. Their CGIFF share price targets range from $6.75 to $12.00. On average, they expect the company's stock price to reach $8.55 in the next twelve months. This suggests a possible upside of 36.8% from the stock's current price.
View analysts price targets for CGIFF or view top-rated stocks among Wall Street analysts.
How have CGIFF shares performed in 2023?: Chemtrade Logistics Income Fund's stock was trading at $6.65 at the beginning of the year. Since then, CGIFF shares have decreased by 6.0% and is now trading at $6.25.
View the best growth stocks for 2023 here.
Are investors shorting Chemtrade Logistics Income Fund?: Chemtrade Logistics Income Fund saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 244,900 shares, an increase of 19.8% from the October 31st total of 204,500 shares. Based on an average trading volume of 5,300 shares, the days-to-cover ratio is presently 46.2 days.
View Chemtrade Logistics Income Fund's Short Interest.

Is Chemtrade Logistics Income Fund a good dividend stock?: Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) pays an annual dividend of $1.20 per share and currently has a dividend yield of 6.54%. CGIFF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 3,463.30%. Payout ratios above 75% are not desirable because they may not be sustainable.
How do I buy shares of Chemtrade Logistics Income Fund?: Shares of CGIFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (OTCMKTS:CGIFF) was last updated on 12/9/2023 by MarketBeat.com Staff

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Chemtrade Logistics Income Fund Stock Price, News & Analysis (OTCMKTS:CGIFF)