Cohort (LON:CHRT) Shares Cross Above 200-Day Moving Average - Time to Sell?

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 927.77 ($11.29) and traded as high as GBX 1,185 ($14.42). Cohort shares last traded at GBX 1,175 ($14.30), with a volume of 116,179 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a "buy" rating on shares of Cohort in a research note on Tuesday, September 24th.

Cohort Price Performance

The company has a market cap of £475.17 million, a P/E ratio of 3,092.11 and a beta of 0.56. The firm's 50-day moving average is GBX 1,067.40 and its two-hundred day moving average is GBX 927.77. The company has a debt-to-equity ratio of 36.88, a current ratio of 1.55 and a quick ratio of 0.93.

Cohort Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Thursday, January 9th will be given a dividend of GBX 5.25 ($0.06) per share. This represents a dividend yield of 0.51%. The ex-dividend date is Thursday, January 9th. Cohort's dividend payout ratio is 3,947.37%.

Cohort Company Profile

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.