Shares of Cohort plc (LON:CHRT - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 882.72 ($11.07) and traded as high as GBX 1,120 ($14.05). Cohort shares last traded at GBX 1,120 ($14.05), with a volume of 14,885 shares.
Wall Street Analysts Forecast Growth
Separately, Shore Capital restated a "buy" rating on shares of Cohort in a research report on Tuesday, September 24th.
Get Our Latest Research Report on Cohort
Cohort Stock Up 0.4 %
The company has a current ratio of 1.55, a quick ratio of 0.93 and a debt-to-equity ratio of 36.88. The company has a 50 day simple moving average of GBX 982.96 and a two-hundred day simple moving average of GBX 884.88. The firm has a market capitalization of £452.93 million, a P/E ratio of 2,947.37 and a beta of 0.56.
Cohort Cuts Dividend
The business also recently announced a dividend, which will be paid on Tuesday, February 18th. Investors of record on Thursday, January 9th will be given a dividend of GBX 5.25 ($0.07) per share. The ex-dividend date of this dividend is Thursday, January 9th. This represents a dividend yield of 0.51%. Cohort's dividend payout ratio is 3,947.37%.
Insider Activity at Cohort
In other news, insider Simon Walther acquired 598 shares of Cohort stock in a transaction on Friday, October 4th. The shares were acquired at an average price of GBX 906 ($11.36) per share, with a total value of £5,417.88 ($6,795.28). 39.22% of the stock is currently owned by corporate insiders.
About Cohort
(
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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.
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