CHS (NASDAQ:CHSCL) Share Price Crosses Below Fifty Day Moving Average – Should You Sell?

CHS Inc. (NASDAQ:CHSCL) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $25.80 and traded as low as $25.76. CHS shares last traded at $25.82, with a volume of 19,413 shares traded.

CHS Price Performance

The company’s 50-day moving average is $25.80 and its two-hundred day moving average is $25.92.

CHS Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a dividend of $0.4688 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.88 dividend on an annualized basis and a yield of 7.26%.

Institutional Investors Weigh In On CHS

A hedge fund recently raised its position in CHS stock. Moloney Securities Asset Management LLC increased its stake in shares of CHS Inc. (NASDAQ:CHSCL) by 1.4% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 99,443 shares of the company’s stock after purchasing an additional 1,350 shares during the period. Moloney Securities Asset Management LLC’s holdings in CHS were worth $2,577,000 as of its most recent SEC filing.

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.