CHS (NASDAQ:CHSCL) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

CHS Inc. (NASDAQ:CHSCLGet Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $25.38 and traded as low as $25.00. CHS shares last traded at $25.07, with a volume of 46,053 shares changing hands.

CHS Stock Performance

The stock has a fifty day simple moving average of $25.37 and a two-hundred day simple moving average of $25.51.

CHS Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be paid a dividend of $0.4688 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $1.88 annualized dividend and a yield of 7.5%.

CHS Company Profile

(Get Free Report)

CHS Inc, whose Class B Common Stock trades on the Nasdaq under the symbol CHSCL, is a diversified global agribusiness cooperative headquartered in Inver Grove Heights, Minnesota. As one of the largest cooperatives of its kind, CHS is owned by farmers, ranchers and cooperatives across the United States, and it serves as a critical link in the agricultural supply chain from field to fork.

The company’s core operations are organized into key segments. In Energy, CHS markets refined fuels, lubricants, propane and renewable products under the Cenex® brand and through strategic partnerships, supporting retail stations, commercial fleets and heating markets.

Further Reading

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