Cohort (LON:CHRT) Stock Passes Above Two Hundred Day Moving Average - What's Next?

Cohort plc (LON:CHRT - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 912.88 ($11.15) and traded as high as GBX 1,168.31 ($14.27). Cohort shares last traded at GBX 1,140 ($13.92), with a volume of 64,911 shares.

Analyst Ratings Changes

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

Cohort Price Performance

The company has a debt-to-equity ratio of 36.88, a quick ratio of 0.93 and a current ratio of 1.55. The stock has a market capitalization of £465.06 million, a PE ratio of 3,026.32 and a beta of 0.56. The company's fifty day simple moving average is GBX 1,046.08 and its two-hundred day simple moving average is GBX 915.38.

Cohort Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Investors of record on Thursday, January 9th will be paid 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 payout ratio is currently 3,947.37%.

Cohort Company Profile

Cohort plc, through its subsidiaries, provides various products and services in defense, security, and related markets in the United Kingdom, Germany, Portugal, Africa, North and South America, and the Asia Pacific and Africa. The company offers electro-optical and electro-mechanical systems, such as command, control, communications, computers, intelligence, surveillance, target acquisition, and reconnaissance, as well as combat systems; and communications systems.