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Cohort (LON:CHRT) Shares Pass Above 200 Day Moving Average - Here's What Happened

Cohort logo with Industrials background

Cohort plc (LON:CHRT - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,038.23 ($13.48) and traded as high as GBX 1,230 ($15.97). Cohort shares last traded at GBX 1,205 ($15.65), with a volume of 91,758 shares changing hands.

Cohort Price Performance

The company's 50 day simple moving average is GBX 1,154.80 and its 200 day simple moving average is GBX 1,046.03. The company has a debt-to-equity ratio of 37.28, a current ratio of 1.55 and a quick ratio of 0.93. The stock has a market cap of £565.56 million, a P/E ratio of 32.91 and a beta of 0.56.

Cohort Cuts Dividend

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

About Cohort

(Get Free Report)

Cohort plc (www.cohortplc.com) is the parent company of six innovative, agile and responsive businesses based in the UK, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets. Chess Technologies, through its operating businesses Chess Dynamics and Vision4ce, offers surveillance, tracking and fire-control systems to the defence and security markets.

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