Cohort (LON:CHRT) Stock Crosses Above 200-Day Moving Average – Here’s Why

Posted by Andrew Walz on Jan 18th, 2025

Shares of Cohort plc (LON:CHRT – Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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 trading hands.

Analyst Ratings Changes

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

Read Our Latest Report on Cohort

Cohort Stock Performance

The firm’s 50 day simple moving average is GBX 1,067.40 and its 200 day simple moving average is GBX 927.77. The firm has a market capitalization of £475.17 million, a price-to-earnings ratio of 3,092.11 and a beta of 0.56. The company has a debt-to-equity ratio of 36.88, a quick ratio of 0.93 and a current ratio of 1.55.

Cohort Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, February 18th. Investors 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

(Get Free Report)

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.