CHS (NASDAQ:CHSCP) Trading 2.1% Higher – What’s Next?

CHS Inc. (NASDAQ:CHSCP)’s stock price traded up 2.1% during trading on Wednesday . The stock traded as high as $28.29 and last traded at $28.21. 44,782 shares traded hands during mid-day trading, an increase of 272% from the average session volume of 12,039 shares. The stock had previously closed at $27.62.

CHS Trading Up 2.1 %

The company’s 50-day simple moving average is $28.95 and its 200 day simple moving average is $29.74. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.04 and a current ratio of 1.61.

CHS Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th were issued a dividend of $0.50 per share. The ex-dividend date was Tuesday, December 17th. This represents a $2.00 dividend on an annualized basis and a yield of 7.09%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in CHS stock. Moloney Securities Asset Management LLC lifted its stake in shares of CHS Inc. (NASDAQ:CHSCP) by 17.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,019 shares of the company’s stock after purchasing an additional 3,066 shares during the period. Moloney Securities Asset Management LLC’s holdings in CHS were worth $637,000 at the end of the most recent quarter.

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.