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

Cohort plc (LON:CHRT) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 990.42 ($12.46) and traded as high as GBX 1,095 ($13.77). Cohort shares last traded at GBX 1,085 ($13.65), with a volume of 68,284 shares.

Cohort Trading Up 0.5 %

The company has a quick ratio of 0.93, a current ratio of 1.55 and a debt-to-equity ratio of 37.28. The firm’s 50 day simple moving average is GBX 1,117.50 and its two-hundred day simple moving average is GBX 991.53. The stock has a market capitalization of £492.48 million, a P/E ratio of 28.66 and a beta of 0.56.

Cohort (LON:CHRT) last posted its quarterly earnings data on Wednesday, December 11th. The company reported GBX 20 ($0.25) earnings per share for the quarter. Cohort had a net margin of 7.56% and a return on equity of 14.91%. As a group, analysts forecast that Cohort plc will post 42.7951807 earnings per share for the current fiscal year.

Cohort Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Thursday, January 9th were issued a dividend of GBX 5.25 ($0.07) per share. The ex-dividend date was Thursday, January 9th. This represents a dividend yield of 0.51%. Cohort’s dividend payout ratio (DPR) is 39.62%.

About Cohort

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.