Cohort (LON:CHRT) Sets New 52-Week High – Should You Buy?

Cohort plc (LON:CHRT) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 1,120 ($14.00) and last traded at GBX 1,115 ($13.94), with a volume of 107042 shares changing hands. The stock had previously closed at GBX 1,100 ($13.75).

Analyst Ratings Changes

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

Cohort Stock Down 0.9 %

The company has a current ratio of 1.55, a quick ratio of 0.93 and a debt-to-equity ratio of 36.88. The company has a market capitalization of £448.88 million, a PE ratio of 2,921.05 and a beta of 0.56. The business has a fifty day moving average of GBX 964.12 and a 200 day moving average of GBX 876.92.

Cohort Cuts Dividend

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

Insider Activity

In other news, insider Simon Walther acquired 598 shares of the firm’s stock in a transaction dated Friday, October 4th. The stock was acquired at an average cost of GBX 906 ($11.32) per share, with a total value of £5,417.88 ($6,771.50). Insiders own 39.22% of the company’s stock.

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.