Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) Trading Down 1.8% – Time to Sell?

Shares of Chemtrade Logistics Income Fund (OTCMKTS:CGIFFGet Free Report) dropped 1.8% during trading on Thursday . The stock traded as low as $11.0035 and last traded at $11.0035. Approximately 6,410 shares traded hands during trading, a decline of 56% from the average daily volume of 14,565 shares. The stock had previously closed at $11.20.

Chemtrade Logistics Income Fund Price Performance

The firm’s 50 day simple moving average is $11.29 and its two-hundred day simple moving average is $10.30.

Chemtrade Logistics Income Fund Company Profile

(Get Free Report)

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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