CHS (NASDAQ:CHSCP) Shares Down 0.4% – What’s Next?

CHS Inc. (NASDAQ:CHSCP)’s share price was down 0.4% on Thursday . The company traded as low as $28.52 and last traded at $28.78. Approximately 15,493 shares were traded during trading, an increase of 24% from the average daily volume of 12,463 shares. The stock had previously closed at $28.90.

CHS Stock Performance

The company has a current ratio of 1.54, a quick ratio of 0.90 and a debt-to-equity ratio of 0.21. The firm has a fifty day moving average price of $28.45 and a 200-day moving average price of $29.49.

CHS Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 6.95%. The ex-dividend date of this dividend is Monday, March 17th.

Hedge Funds Weigh In On CHS

A hedge fund recently raised its stake in CHS stock. Moloney Securities Asset Management LLC boosted its holdings in CHS Inc. (NASDAQ:CHSCP) by 17.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 21,019 shares of the company’s stock after buying an additional 3,066 shares during the period. Moloney Securities Asset Management LLC’s holdings in CHS were worth $637,000 at the end of the most recent reporting period.

About CHS

CHS Inc, an integrated agricultural company, engages in the provision of grains, food, and energy resources to businesses and consumers worldwide. It is involved in the operation of petroleum refineries and pipelines; the supply, marketing, and distribution of refined fuels; the blending, sale, and distribution of lubricants; and the supply of propane, asphalt, and other natural gas liquids.