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

CHS Inc (NASDAQ:CHSCP) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-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’s 50 day moving average is $27.88 and its two-hundred day moving average is $27.99. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.76 and a current ratio of 1.45.

CHS Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders 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 annualized dividend and a yield of 7.2%.

CHS Company Profile

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.