Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) Trading Down 1.4% – Here’s Why

Chemtrade Logistics Income Fund (OTCMKTS:CGIFFGet Free Report)’s stock price dropped 1.4% on Friday . The stock traded as low as $12.1350 and last traded at $12.1350. Approximately 7,268 shares were traded during trading, a decline of 34% from the average daily volume of 10,943 shares. The stock had previously closed at $12.31.

Chemtrade Logistics Income Fund Stock Performance

The company has a fifty day moving average price of $11.94 and a two-hundred day moving average price of $11.26.

About Chemtrade Logistics Income Fund

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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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