Cohen & Company Inc. (NYSEAMERICAN:COHN) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Cohen & Company Inc. (NYSEAMERICAN:COHN) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $9.91. Cohen & Company Inc. shares last traded at $9.80, with a volume of 7,606 shares changing hands.

Cohen & Company Inc. Trading Up 0.9 %

The company has a debt-to-equity ratio of 0.35, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market capitalization of $19.58 million, a P/E ratio of 2.45 and a beta of 1.28.

Cohen & Company Inc. (NYSEAMERICAN:COHN) last issued its quarterly earnings results on Monday, November 4th. The financial services provider reported $1.34 EPS for the quarter. Cohen & Company Inc. had a net margin of 6.67% and a return on equity of 14.28%. The firm had revenue of $31.70 million for the quarter.

Cohen & Company Inc. Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 20th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $1.00 dividend on an annualized basis and a yield of 9.96%. Cohen & Company Inc.’s payout ratio is 24.45%.

Institutional Trading of Cohen & Company Inc.

A hedge fund recently bought a new stake in Cohen & Company Inc. stock. Renaissance Technologies LLC acquired a new position in Cohen & Company Inc. (NYSEAMERICAN:COHN) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 15,300 shares of the financial services provider’s stock, valued at approximately $136,000. Renaissance Technologies LLC owned 0.79% of Cohen & Company Inc. at the end of the most recent quarter. Institutional investors 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.