Cohort (LON:CHRT) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

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 977.84 ($12.35) and traded as high as GBX 1,100 ($13.90). Cohort shares last traded at GBX 1,075 ($13.58), with a volume of 59,857 shares.

Cohort Stock Down 0.9 %

The company has a debt-to-equity ratio of 37.28, a current ratio of 1.55 and a quick ratio of 0.93. The firm has a market capitalization of £483.41 million, a P/E ratio of 28.13 and a beta of 0.56. The business has a 50 day moving average price of GBX 1,120.40 and a 200 day moving average price of GBX 981.01.

Cohort (LON:CHRT) last announced its quarterly earnings results on Wednesday, December 11th. The company reported GBX 20 ($0.25) EPS for the quarter. Cohort had a return on equity of 14.91% and a net margin of 7.56%. On average, analysts predict that Cohort plc will post 42.7951807 earnings per share for the current year.

Cohort Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Thursday, January 9th were paid a GBX 5.25 ($0.07) dividend. This represents a yield of 0.51%. The ex-dividend date of this dividend was Thursday, January 9th. Cohort’s dividend payout ratio is currently 39.62%.

Cohort Company Profile

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.