Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) Trading Down 1.6% – What’s Next?

Chemtrade Logistics Income Fund (OTCMKTS:CGIFFGet Free Report) dropped 1.6% during trading on Friday . The stock traded as low as $12.82 and last traded at $12.82. Approximately 15,146 shares traded hands during mid-day trading, an increase of 34% from the average daily volume of 11,345 shares. The stock had previously closed at $13.03.

Chemtrade Logistics Income Fund Stock Performance

The stock has a 50-day moving average price of $11.56 and a two-hundred day moving average price of $10.96.

Chemtrade Logistics Income Fund Company Profile

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Chemtrade Logistics Income Fund is a diversified provider of industrial chemicals and related services. Operating primarily through manufacturing, blending, distribution and logistics segments, the fund supplies critical chemical products to a wide range of end markets including pulp and paper, water treatment, food and beverage, and oil and gas. Its portfolio encompasses chlor-alkali products such as chlorine and caustic soda, sulphuric acid, sodium chlorate and customized water treatment formulations.

The fund maintains a network of production plants, blending terminals and warehouses across Canada, the United States and select international locations.

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