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

CHS Inc. (NASDAQ:CHSCLGet Free Report)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $25.49 and traded as low as $25.33. CHS shares last traded at $25.38, with a volume of 24,699 shares traded.

CHS Stock Performance

The firm has a 50 day simple moving average of $25.49 and a 200-day simple moving average of $25.59.

CHS Dividend Announcement

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

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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