CHS (NASDAQ:CHSCL) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

CHS Inc. (NASDAQ:CHSCL)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 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 Trading Down 0.5 %

The firm has a 50-day moving average of $25.80 and a 200 day moving average of $25.92.

CHS Announces Dividend

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in CHS stock. Moloney Securities Asset Management LLC boosted its stake in shares of CHS Inc. (NASDAQ:CHSCL) by 1.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund 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 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.