CHS (NASDAQ:CHSCP) Stock Passes Below 50-Day Moving Average – What’s Next?

Shares of CHS Inc (NASDAQ:CHSCPGet Free Report) 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 trading hands.

CHS Price Performance

The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.76 and a current ratio of 1.45. The company’s 50-day simple moving average is $27.88 and its 200 day simple moving average is $27.99.

CHS Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 7.2%. The ex-dividend date is Monday, June 15th.

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.

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