CHS (NASDAQ:CHSCL) Stock Price Passes Below 50 Day Moving Average – Time to Sell?

CHS Inc. (NASDAQ:CHSCLGet Free Report)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $25.44 and traded as low as $25.30. CHS shares last traded at $25.36, with a volume of 24,987 shares trading hands.

CHS Stock Performance

The company’s 50 day simple moving average is $25.42 and its two-hundred day simple moving average is $25.57.

CHS Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be issued a $0.4688 dividend. This represents a $1.88 annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend is Wednesday, September 16th.

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.

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