Cohort (LON:CHRT) Share Price Crosses Above 200 Day Moving Average - Should You Sell?

Cohort plc (LON:CHRT - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 927.77 ($11.29) and traded as high as GBX 1,185 ($14.42). Cohort shares last traded at GBX 1,175 ($14.30), with a volume of 116,179 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a "buy" rating on shares of Cohort in a research note on Tuesday, September 24th.

Cohort Trading Up 0.9 %

The company has a market capitalization of £475.17 million, a P/E ratio of 3,092.11 and a beta of 0.56. 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 fifty day moving average of GBX 1,067.40 and a 200 day moving average of GBX 927.77.

Cohort Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Thursday, January 9th will be given a GBX 5.25 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, January 9th. This represents a dividend yield of 0.51%. Cohort's payout ratio is currently 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.