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

Cohort plc (LON:CHRT - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 977.84 ($12.39) and traded as high as GBX 1,100 ($13.94). Cohort shares last traded at GBX 1,075 ($13.62), with a volume of 59,857 shares.

Cohort Price Performance

The company has a market cap of £492.19 million, a P/E ratio of 28.64 and a beta of 0.56. 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 firm's fifty day moving average is GBX 1,120.50 and its two-hundred day moving average is GBX 977.84.

Cohort (LON:CHRT - Get Free Report) last announced its quarterly earnings results on Wednesday, December 11th. The company reported GBX 20 ($0.25) EPS for the quarter. Cohort had a net margin of 7.56% and a return on equity of 14.91%. As a group, analysts anticipate that Cohort plc will post 42.7951807 earnings per share for the current fiscal year.

Cohort Cuts Dividend

The business also recently declared 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

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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