Cohort (LON:CHRT) Given Buy Rating at Shore Capital

Shore Capital restated their buy rating on shares of Cohort (LON:CHRT) in a report released on Tuesday, MarketBeat Ratings reports.

Cohort Price Performance

Cohort has a 1-year low of GBX 456 ($6.11) and a 1-year high of GBX 940 ($12.59). The firm has a market capitalization of £364.68 million, a PE ratio of 2,363.16 and a beta of 0.56. The business has a fifty day moving average of GBX 847.74 and a two-hundred day moving average of GBX 787.17. 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 Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Thursday, August 22nd will be issued a GBX 10.10 ($0.14) dividend. This represents a dividend yield of 1.22%. This is a boost from Cohort’s previous dividend of $4.70. The ex-dividend date is Thursday, August 22nd. Cohort’s payout ratio is 3,947.37%.

Insider Transactions at Cohort

In other news, insider Simon Walther sold 1,359 shares of the business’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of GBX 836 ($11.19), for a total value of £11,361.24 ($15,213.23). In other news, insider Simon Walther sold 1,359 shares of Cohort stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of GBX 836 ($11.19), for a total value of £11,361.24 ($15,213.23). Also, insider Andrew Stephen Thomis sold 19,224 shares of Cohort stock in a transaction on Monday, July 22nd. The shares were sold at an average price of GBX 808 ($10.82), for a total value of £155,329.92 ($207,994.00). Insiders own 39.27% of the company’s stock.

About Cohort

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.