Cohort (LON:CHRT) Shares Cross Above 200 Day Moving Average – Time to Sell?

Cohort plc (LON:CHRT)’s stock price 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 ($14.04). Cohort shares last traded at GBX 1,120 ($14.04), with a volume of 14,885 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “buy” rating on shares of Cohort in a research report on Tuesday, September 24th.

Cohort Trading 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 firm has a market cap of £452.93 million, a price-to-earnings ratio of 2,947.37 and a beta of 0.56. The company has a fifty day moving average price of GBX 978.32 and a 200-day moving average price of GBX 882.72.

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 GBX 5.25 ($0.07) dividend. This represents a yield of 0.51%. The ex-dividend date of this dividend is Thursday, January 9th. Cohort’s payout ratio is presently 3,947.37%.

Insider Transactions at Cohort

In other news, insider Simon Walther acquired 598 shares of the firm’s stock in a transaction on Friday, October 4th. The stock was acquired at an average price of GBX 906 ($11.36) per share, for a total transaction of £5,417.88 ($6,791.88). Corporate insiders own 39.22% of the company’s stock.

Cohort Company Profile

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.