Cohort (LON:CHRT) Sets New 1-Year High – Here’s Why

Cohort plc (LON:CHRT) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1,250 ($16.11) and last traded at GBX 1,247.45 ($16.08), with a volume of 32289 shares. The stock had previously closed at GBX 1,215 ($15.66).

Cohort Trading Down 1.1 %

The firm has a 50 day simple moving average of GBX 1,124.80 and a 200 day simple moving average of GBX 1,000.49. The company has a debt-to-equity ratio of 37.28, a quick ratio of 0.93 and a current ratio of 1.55. The firm has a market cap of £545.61 million, a P/E ratio of 31.75 and a beta of 0.56.

Cohort (LON:CHRT) last issued its earnings results on Wednesday, December 11th. The company reported GBX 20 ($0.26) EPS for the quarter. Cohort had a return on equity of 14.91% and a net margin of 7.56%. On average, equities research analysts predict that Cohort plc will post 42.7951807 EPS for the current fiscal year.

Cohort Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Thursday, January 9th were paid a GBX 5.25 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, January 9th. This represents a yield of 0.51%. Cohort’s dividend payout ratio is currently 39.62%.

Cohort Company Profile

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.