Shore Capital Reiterates “Buy” Rating for Cohort (LON:CHRT)

Cohort (LON:CHRT)‘s stock had its “buy” rating reissued by investment analysts at Shore Capital in a note issued to investors on Monday, MarketBeat reports.

Cohort Price Performance

Shares of CHRT opened at GBX 826 ($10.71) on Monday. The company has a market cap of £333.70 million, a price-to-earnings ratio of 2,503.03 and a beta of 0.51. Cohort has a 1-year low of GBX 430 ($5.58) and a 1-year high of GBX 860 ($11.15). The company’s fifty day simple moving average is GBX 799.16 and its 200 day simple moving average is GBX 684.26. The company has a current ratio of 1.69, a quick ratio of 0.93 and a debt-to-equity ratio of 32.14.

Insider Buying and Selling

In related news, insider Simon Walther sold 803 shares of the business’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of GBX 749 ($9.71), for a total transaction of £6,014.47 ($7,799.86). 35.51% of the stock is owned by corporate insiders.

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.