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

Cohort plc (LON:CHRT - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 956.79 ($11.90) and traded as high as GBX 1,205 ($14.99). Cohort shares last traded at GBX 1,190 ($14.80), with a volume of 60,322 shares traded.

Cohort Price Performance

The company has a quick ratio of 0.93, a current ratio of 1.55 and a debt-to-equity ratio of 36.88. The firm has a market cap of £461.02 million, a price-to-earnings ratio of 3,000.00 and a beta of 0.56. The company's 50-day moving average price is GBX 1,113.84 and its 200-day moving average price is GBX 962.05.

Cohort (LON:CHRT - Get Free Report) last issued 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 14.59%. On average, equities research analysts forecast that Cohort plc will post 42.7951807 EPS for the current year.

Cohort Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Thursday, January 9th will be issued a dividend of GBX 5.25 ($0.07) per share. The ex-dividend date of this dividend is Thursday, January 9th. This represents a yield of 0.51%. Cohort's dividend payout ratio (DPR) 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.