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Cohort (LON:CHRT) Stock Crosses Above 200-Day Moving Average - Here's Why

Cohort logo with Industrials background

Cohort plc (LON:CHRT - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,024.62 ($13.23) and traded as high as GBX 1,230 ($15.88). Cohort shares last traded at GBX 1,190 ($15.37), with a volume of 87,974 shares trading hands.

Cohort Stock Up 3.4 %

The company has a debt-to-equity ratio of 37.28, a quick ratio of 0.93 and a current ratio of 1.55. The company's fifty day moving average price is GBX 1,143.30 and its 200-day moving average price is GBX 1,027.48. The stock has a market cap of £549.22 million, a P/E ratio of 31.96 and a beta of 0.56.

Cohort Cuts Dividend

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

Cohort Company Profile

(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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