CHS (NASDAQ:CHSCN) Stock Jumps 1.2% – Still a Buy?

CHS Inc. (NASDAQ:CHSCN – Get Free Report)’s share price was up 1.2% on Wednesday. The company traded as high as $23.79 and last traded at $23.73. 69,556 shares changed hands during trading, an increase of 190% from the average session volume of 23,975 shares. The stock had previously closed at $23.46.

CHS Stock Up 0.6%

The company’s 50 day simple moving average is $24.65 and its 200-day simple moving average is $24.95.

About CHS

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CHS Inc is a farmer-owned cooperative and diversified agribusiness headquartered in Inver Grove Heights, Minnesota. The company provides agricultural inputs, commodity marketing, grain handling, food ingredients and energy products to farmers, cooperatives and other customers.

Its agronomy business supplies crop nutrients, seed, crop protection products and related services. CHS also purchases, stores, processes and markets grains and oilseeds, while its food and ingredients operations produce products derived from agricultural commodities.

Further Reading

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