CHS (NASDAQ:CHSCP) Shares Down 0.4% – Time to Sell?

CHS Inc. (NASDAQ:CHSCP) dropped 0.4% on Thursday . The company traded as low as $28.52 and last traded at $28.78. Approximately 15,493 shares traded hands during trading, an increase of 24% from the average daily volume of 12,463 shares. The stock had previously closed at $28.90.

CHS Trading Down 3.5 %

The business has a 50 day moving average price of $28.42 and a 200 day moving average price of $29.47. The company has a quick ratio of 0.90, a current ratio of 1.54 and a debt-to-equity ratio of 0.21.

CHS Dividend Announcement

The company 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 $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 7.22%. The ex-dividend date of this dividend is Monday, March 17th.

Hedge Funds Weigh In On CHS

A hedge fund recently raised its stake in CHS stock. Moloney Securities Asset Management LLC boosted its stake in CHS Inc. (NASDAQ:CHSCP) by 17.1% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 21,019 shares of the company’s stock after acquiring an additional 3,066 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in CHS were worth $637,000 as of its most recent filing with the SEC.

About CHS

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.