Cohort (LON:CHRT) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Cohort plc (LON:CHRT) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 969.54 ($12.07) and traded as high as GBX 1,105.45 ($13.76). Cohort shares last traded at GBX 1,035 ($12.88), with a volume of 142,193 shares trading hands.

Cohort Stock Performance

The company has a market capitalization of £401.97 million, a price-to-earnings ratio of 2,615.79 and a beta of 0.56. The company’s fifty day simple moving average is GBX 1,119.68 and its two-hundred day simple moving average is GBX 969.54. 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 (LON:CHRT) last announced its quarterly earnings data on Wednesday, December 11th. The company reported GBX 20 ($0.25) earnings per share for the quarter. Cohort had a return on equity of 14.59% and a net margin of 7.56%. Equities research analysts predict that Cohort plc will post 42.7951807 earnings per share for the current fiscal year.

Cohort Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Thursday, January 9th will be given a dividend of GBX 5.25 ($0.07) per share. This represents a dividend yield of 0.51%. The ex-dividend date of this dividend is Thursday, January 9th. Cohort’s payout ratio is 3,947.37%.

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.