CHS (NASDAQ:CHSCL) Stock Price Passes Below 50 Day Moving Average of $25.86

CHS Inc. (NASDAQ:CHSCL)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $25.86 and traded as low as $25.70. CHS shares last traded at $25.90, with a volume of 51,333 shares changing hands.

CHS Stock Performance

The firm’s 50 day moving average is $25.86 and its 200 day moving average is $25.89.

CHS Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be given a dividend of $0.4688 per share. The ex-dividend date of this dividend is Monday, September 16th. This represents a $1.88 annualized dividend and a yield of 7.24%.

Institutional Trading of CHS

A hedge fund recently raised its stake in CHS stock. Tradition Wealth Management LLC raised its stake in shares of CHS Inc. (NASDAQ:CHSCL) by 24.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,955 shares of the company’s stock after acquiring an additional 5,568 shares during the period. Tradition Wealth Management LLC’s holdings in CHS were worth $707,000 as of its most recent SEC filing.

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.