Cohort (LON:CHRT) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Cohort plc (LON:CHRT)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 969.54 ($12.07) and traded as high as GBX 1,105.45 ($13.76). Cohort shares last traded at GBX 1,035 ($12.88), with a volume of 142,193 shares changing hands.

Cohort Trading Down 4.0 %

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 £401.97 million, a P/E ratio of 2,615.79 and a beta of 0.56. The firm has a 50 day moving average price of GBX 1,119.68 and a two-hundred day moving average price of GBX 969.54.

Cohort (LON:CHRT) last released its quarterly earnings results on Wednesday, December 11th. The company reported GBX 20 ($0.25) earnings per share for the quarter. Cohort had a return on equity of 14.59% and a net margin of 7.56%. On average, equities research analysts expect that Cohort plc will post 42.7951807 EPS for the current fiscal year.

Cohort Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Thursday, January 9th will be given a GBX 5.25 ($0.07) dividend. This represents a dividend yield of 0.51%. The ex-dividend date of this dividend is Thursday, January 9th. Cohort’s dividend payout ratio (DPR) is currently 3,947.37%.

About Cohort

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.