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

CHS Inc. (NASDAQ:CHSCP)’s stock price dropped 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 mid-day trading, an increase of 24% from the average daily volume of 12,463 shares. The stock had previously closed at $28.90.

CHS Price Performance

The company has a debt-to-equity ratio of 0.21, a current ratio of 1.54 and a quick ratio of 0.90. The business’s 50-day simple moving average is $28.45 and its two-hundred day simple moving average is $29.49.

CHS Announces Dividend

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

Institutional Trading of CHS

An institutional investor recently raised its position in CHS stock. Moloney Securities Asset Management LLC grew its stake in CHS Inc. (NASDAQ:CHSCP) by 26.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,506 shares of the company’s stock after purchasing an additional 5,487 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in CHS were worth $748,000 as of its most recent filing with the SEC.

CHS Company Profile

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.