Cohort (LON:CHRT) Hits New 12-Month High - Should You Buy?

Shares of Cohort plc (LON:CHRT - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 1,300 ($17.31) and last traded at GBX 1,256.54 ($16.73), with a volume of 29861 shares. The stock had previously closed at GBX 1,260 ($16.78).

Cohort Trading Up 2.1 %

The company has a quick ratio of 0.93, a current ratio of 1.55 and a debt-to-equity ratio of 37.28. The business's fifty day moving average is GBX 1,188.48 and its 200-day moving average is GBX 1,089.55. The stock has a market capitalization of £579.18 million, a PE ratio of 33.70 and a beta of 0.56.

Cohort Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Thursday, January 9th were paid a dividend of GBX 5.25 ($0.07) per share. The ex-dividend date was Thursday, January 9th. This represents a dividend yield of 0.51%. Cohort's dividend payout ratio is presently 39.62%.

Insider Buying and Selling

In other Cohort news, insider Andrew Stephen Thomis sold 5,358 shares of the business's stock in a transaction that occurred on Wednesday, April 9th. The shares were sold at an average price of GBX 1,120 ($14.91), for a total transaction of £60,009.60 ($79,906.26). Also, insider Simon Walther sold 350 shares of Cohort stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of GBX 1,275 ($16.98), for a total transaction of £4,462.50 ($5,942.08). Corporate insiders own 39.22% of the company's stock.

Cohort Company Profile

Cohort plc is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets. The Group is split into two segments: Communications and Intelligence - EID designs and manufactures advanced communications systems for naval and military customers.