Cohen & Company Inc. (NYSEAMERICAN:COHN) Shares Cross Above 200 Day Moving Average – What’s Next?

Shares of Cohen & Company Inc. (NYSEAMERICAN:COHN) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $10.50. Cohen & Company Inc. shares last traded at $10.30, with a volume of 10,335 shares trading hands.

Cohen & Company Inc. Stock Down 0.5 %

The company has a market cap of $20.09 million, a price-to-earnings ratio of 2.52 and a beta of 1.31. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.35.

Cohen & Company Inc. Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Wednesday, November 20th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $1.00 annualized dividend and a yield of 9.71%. Cohen & Company Inc.’s payout ratio is 24.45%.

Institutional Investors Weigh In On Cohen & Company Inc.

An institutional investor recently bought a new position in Cohen & Company Inc. stock. Renaissance Technologies LLC acquired a new stake in shares of Cohen & Company Inc. (NYSEAMERICAN:COHN) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 15,300 shares of the financial services provider’s stock, valued at approximately $136,000. Renaissance Technologies LLC owned approximately 0.79% of Cohen & Company Inc. at the end of the most recent reporting period. Institutional investors and hedge funds own 14.26% of the company’s stock.

About Cohen & Company Inc.

Cohen & Company Inc is a publicly owned investment manager. The firm primarily provides its services to individuals and institutions. It manages separate client-focused fixed income portfolios. Institutional Financial Markets, Inc also manages funds and collateralized debt obligations for its clients.