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

CHS Inc. (NASDAQ:CHSCP) shot up 2.1% on Wednesday . The stock traded as high as $28.29 and last traded at $28.21. 44,782 shares traded hands during 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 has a current ratio of 1.61, a quick ratio of 1.04 and a debt-to-equity ratio of 0.21. The stock’s 50-day moving average price is $28.95 and its 200-day moving average price is $29.74.

CHS Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th were paid a $0.50 dividend. 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 Trading of CHS

A hedge fund recently raised its stake in CHS stock. Moloney Securities Asset Management LLC boosted its holdings in CHS Inc. (NASDAQ:CHSCP) by 17.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor 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 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.