Cohort (LON:CHRT) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Cohort plc (LON:CHRT)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 912.88 ($11.15) and traded as high as GBX 1,168.31 ($14.27). Cohort shares last traded at GBX 1,140 ($13.92), with a volume of 64,911 shares traded.

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 0.9 %

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 firm has a market capitalization of £465.06 million, a price-to-earnings ratio of 3,026.32 and a beta of 0.56. The company has a 50 day moving average price of GBX 1,046.08 and a two-hundred day moving average price of GBX 915.38.

Cohort Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Investors of record on Thursday, January 9th will be paid a GBX 5.25 ($0.06) dividend. This represents a yield of 0.51%. The ex-dividend date is Thursday, January 9th. Cohort’s dividend payout ratio is currently 3,947.37%.

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.