Cohort (LON:CHRT) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

Cohort plc (LON:CHRT)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 806.69 ($10.56) and traded as high as GBX 874 ($11.44). Cohort shares last traded at GBX 868 ($11.36), with a volume of 45,840 shares.

Analyst Ratings Changes

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

Cohort Price Performance

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 stock has a market capitalization of £350.93 million, a price-to-earnings ratio of 2,284.21 and a beta of 0.56. The company’s 50 day moving average is GBX 859.68 and its 200 day moving average is GBX 808.76.

Cohort Increases Dividend

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

Insider Buying and Selling

In other Cohort news, insider Simon Walther bought 598 shares of the business’s stock in a transaction dated Friday, October 4th. The shares were acquired at an average cost of GBX 906 ($11.86) per share, with a total value of £5,417.88 ($7,090.54). In other Cohort news, insider Simon Walther bought 598 shares of the firm’s stock in a transaction dated Friday, October 4th. The stock was acquired at an average price of GBX 906 ($11.86) per share, for a total transaction of £5,417.88 ($7,090.54). Also, insider Andrew Stephen Thomis sold 19,224 shares of the business’s stock in a transaction dated Monday, July 22nd. The shares were sold at an average price of GBX 808 ($10.57), for a total value of £155,329.92 ($203,284.81). 39.27% of the stock is currently owned by company 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.