CHS (NASDAQ:CHSCP) Stock Crosses Below 50-Day Moving Average – Here’s Why

CHS Inc (NASDAQ:CHSCPGet Free Report)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $27.88 and traded as low as $27.85. CHS shares last traded at $27.85, with a volume of 3,354 shares.

CHS Stock Down 0.5%

The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 0.23. The company has a 50 day simple moving average of $27.88 and a two-hundred day simple moving average of $27.99.

CHS Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.50 per share. The ex-dividend date is Monday, June 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.2%.

About CHS

(Get Free Report)

CHS Inc (NASDAQ: CHSCP) is a global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States. The company operates through two primary segments: energy and agriculture. In its energy segment, CHS markets refined fuels, lubricants, propane and renewable energy products under the Cenex® brand and supplies wholesale fuel to a network of branded and unbranded retail sites. Its agriculture segment provides grain marketing, oilseed processing, crop nutrients, agronomy services and risk management solutions to producers in North America and key global markets.

The company’s product portfolio spans a wide range of offerings designed to support food and energy supply chains.

Further Reading

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