CHSCP Stock Summary and Trading Ideas (CHS Inc - 8% Cumulative Redeemable Preferred Stock | NASDAQ:CHSCP)

CHS Inc. (www.chsinc.com) is a global agribusiness owned by farmers, ranchers and cooperatives across the United States. Diversified in energy, grains and foods, CHS helps customers, farmer-owners and other stakeholders grow their businesses through its domestic and global operations. CHS, a Fortune 100 company, supplies energy, crop nutrients, grain marketing services, animal feed, food and food ingredients, along with business solutions including insurance, financial and risk management services. The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex brand refined fuels, lubricants, propane and renewable energy products.

CHS Inc - 8% Cumulative Redeemable Preferred Stock trades on the NASDAQ stock market under the symbol CHSCP.

As of April 18, 2024, CHSCP stock price declined to $30.07 with 8,513 million shares trading.

CHSCP has a market cap of $103.74 million. This is considered a Micro Cap stock.

In the last 3 years, CHSCP stock traded as high as $32.90 and as low as $27.05.

CHSCP has underperformed the market in the last year with a price return of +8.3% while the SPY ETF gained +22.2%. CHSCP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.4% and -2.7%, respectively, while the SPY returned +5.2% and -2.6%, respectively.

CHSCP support price is $30.02 and resistance is $30.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CHSCP stock will trade within this expected range on the day.