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

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 927.77 ($11.29) and traded as high as GBX 1,185 ($14.42). Cohort shares last traded at GBX 1,175 ($14.30), with a volume of 116,179 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “buy” rating on shares of Cohort in a research report on Tuesday, September 24th.

Cohort Price Performance

The business’s 50 day moving average is GBX 1,067.40 and its two-hundred day moving average is GBX 927.77. The company has a debt-to-equity ratio of 36.88, a quick ratio of 0.93 and a current ratio of 1.55. The firm has a market capitalization of £475.17 million, a PE ratio of 3,092.11 and a beta of 0.56.

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 GBX 5.25 ($0.06) dividend. This represents a dividend yield of 0.51%. The ex-dividend date of this dividend is Thursday, January 9th. Cohort’s dividend payout ratio (DPR) is presently 3,947.37%.

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.