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

CHS Inc (NASDAQ:CHSCPGet Free Report)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $27.01 and traded as low as $26.65. CHS shares last traded at $26.72, with a volume of 7,830 shares traded.

CHS Stock Performance

The company has a debt-to-equity ratio of 0.22, a current ratio of 1.47 and a quick ratio of 0.94. The firm’s 50 day moving average price is $27.01 and its 200-day moving average price is $27.62.

CHS Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 7.5%. The ex-dividend date is Wednesday, September 16th.

CHS Company Profile

(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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