Cohen & Company Inc. (NYSEAMERICAN:COHN) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Cohen & Company Inc. (NYSEAMERICAN:COHN)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.00 and traded as high as $9.91. Cohen & Company Inc. shares last traded at $9.80, with a volume of 7,606 shares trading hands.

Cohen & Company Inc. Price Performance

The company has a market cap of $19.58 million, a PE ratio of 2.45 and a beta of 1.28. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.01 and a quick ratio of 1.01.

Cohen & Company Inc. (NYSEAMERICAN:COHN) last released its earnings results on Monday, November 4th. The financial services provider reported $1.34 earnings per share for the quarter. Cohen & Company Inc. had a net margin of 6.67% and a return on equity of 14.28%. The firm had revenue of $31.70 million for the quarter.

Cohen & Company Inc. Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Wednesday, November 20th were paid a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $1.00 annualized dividend and a dividend yield of 9.96%. Cohen & Company Inc.’s payout ratio is 24.45%.

Institutional Trading of Cohen & Company Inc.

An institutional investor recently bought a new position in Cohen & Company Inc. stock. Renaissance Technologies LLC purchased a new position in Cohen & Company Inc. (NYSEAMERICAN:COHN) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,300 shares of the financial services provider’s stock, valued at approximately $136,000. Renaissance Technologies LLC owned 0.79% of Cohen & Company Inc. as of its most recent filing with the Securities and Exchange Commission (SEC). 14.26% of the stock is currently owned by institutional investors.

About Cohen & Company Inc.

Cohen & Company Inc is a publicly owned investment manager. The firm primarily provides its services to individuals and institutions. It manages separate client-focused fixed income portfolios. Institutional Financial Markets, Inc also manages funds and collateralized debt obligations for its clients.