Cohen & Company Inc. (NYSEAMERICAN:COHN) Stock Passes Above 200-Day Moving Average – What’s Next?

Cohen & Company Inc. (NYSEAMERICAN:COHN) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $10.02. Cohen & Company Inc. shares last traded at $9.92, with a volume of 1,923 shares.

Cohen & Company Inc. Trading Down 0.7 %

The firm has a market capitalization of $19.34 million, a PE ratio of 2.43 and a beta of 1.28. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.01 and a quick ratio of 1.01.

Cohen & Company Inc. (NYSEAMERICAN:COHN) last released its earnings results on Monday, November 4th. The financial services provider reported $1.34 earnings per share for the quarter. The firm had revenue of $31.70 million for the quarter. Cohen & Company Inc. had a return on equity of 14.28% and a net margin of 6.67%.

Cohen & Company Inc. Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 20th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 10.08%. The ex-dividend date of this dividend was Wednesday, November 20th. Cohen & Company Inc.’s dividend payout ratio (DPR) is presently 24.45%.

Hedge Funds Weigh In On Cohen & Company Inc.

A hedge fund recently bought a new stake in Cohen & Company Inc. stock. Renaissance Technologies LLC purchased a new position in shares of Cohen & Company Inc. (NYSEAMERICAN:COHN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,300 shares of the financial services provider’s stock, valued at approximately $136,000. Renaissance Technologies LLC owned approximately 0.79% of Cohen & Company Inc. at the end of the most recent quarter. 14.26% of the stock is currently owned by hedge funds and other institutional investors.

About Cohen & Company Inc.

Cohen & Company Inc is a publicly owned investment manager. The firm primarily provides its services to individuals and institutions. It manages separate client-focused fixed income portfolios. Institutional Financial Markets, Inc also manages funds and collateralized debt obligations for its clients.