Cohort (LON:CHRT) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Cohort plc (LON:CHRT)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 912.88 ($11.23) and traded as high as GBX 1,168.31 ($14.38). Cohort shares last traded at GBX 1,140 ($14.03), with a volume of 64,911 shares trading hands.

Analyst Ratings Changes

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

Cohort Price Performance

The company has a debt-to-equity ratio of 36.88, a current ratio of 1.55 and a quick ratio of 0.93. The firm has a market capitalization of £461.02 million, a price-to-earnings ratio of 3,000.00 and a beta of 0.56. The stock has a 50 day moving average price of GBX 1,040.92 and a two-hundred day moving average price of GBX 912.88.

Cohort Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Thursday, January 9th will be given 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%.

About Cohort

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.