Cohort (LON:CHRT) Hits New 1-Year High at $898.00

Cohort plc (LON:CHRT)’s share price reached a new 52-week high on Wednesday . The stock traded as high as GBX 898 ($11.67) and last traded at GBX 892 ($11.59), with a volume of 70142 shares traded. The stock had previously closed at GBX 862 ($11.20).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “buy” rating on shares of Cohort in a research note on Monday, July 15th.

Cohort Stock Up 0.5 %

The company’s fifty day simple moving average is GBX 816.22 and its 200 day simple moving average is GBX 737.30. 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 firm has a market capitalization of £353.66 million, a PE ratio of 2,310.53 and a beta of 0.58.

Cohort Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Thursday, August 22nd will be given a GBX 10.10 ($0.13) dividend. The ex-dividend date of this dividend is Thursday, August 22nd. This is an increase from Cohort’s previous dividend of $4.70. This represents a dividend yield of 1.22%. Cohort’s dividend payout ratio is currently 3,947.37%.

Insider Buying and Selling

In related news, insider Andrew Stephen Thomis sold 19,224 shares of the company’s stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of GBX 808 ($10.50), for a total value of £155,329.92 ($201,832.02). In related news, insider Andrew Stephen Thomis sold 19,224 shares of the stock in a transaction dated Monday, July 22nd. The shares were sold at an average price of GBX 808 ($10.50), for a total transaction of £155,329.92 ($201,832.02). Also, insider Simon Walther sold 1,359 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of GBX 836 ($10.86), for a total transaction of £11,361.24 ($14,762.53). 35.90% of the stock is currently owned by 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.