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

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

CHS Stock Performance

The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.04 and a current ratio of 1.61. The business has a 50-day moving average of $28.91 and a two-hundred day moving average of $29.73.

CHS Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were given a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.02%.

Institutional Inflows and Outflows

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

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.