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

Cohort plc (LON:CHRT) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 927.77 ($11.29) and traded as high as GBX 1,185 ($14.42). Cohort shares last traded at GBX 1,175 ($14.30), with a volume of 116,179 shares traded.

Analyst Ratings Changes

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

Cohort Price Performance

The company has a quick ratio of 0.93, a current ratio of 1.55 and a debt-to-equity ratio of 36.88. The stock has a market cap of £475.17 million, a P/E ratio of 3,092.11 and a beta of 0.56. The business’s 50-day simple moving average is GBX 1,067.40 and its two-hundred day simple moving average is GBX 929.01.

Cohort Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Thursday, January 9th will be given a dividend of GBX 5.25 ($0.06) per share. The ex-dividend date of this dividend is Thursday, January 9th. This represents a yield of 0.51%. Cohort’s dividend payout ratio is presently 3,947.37%.

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.