CHS (NASDAQ:CHSCL) Share Price Passes Below Fifty Day Moving Average – Should You Sell?
by Jessica Moore · The Cerbat GemCHS Inc. (NASDAQ:CHSCL – Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $25.69 and traded as low as $25.52. CHS shares last traded at $25.54, with a volume of 19,659 shares changing hands.
CHS Stock Down 0.1%
The business has a fifty day simple moving average of $25.69 and a 200 day simple moving average of $25.62.
CHS Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.4688 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date is Monday, June 15th.
CHS Company Profile
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.