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

Cohort plc (LON:CHRT) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 912.88 ($11.15) and traded as high as GBX 1,168.31 ($14.27). Cohort shares last traded at GBX 1,140 ($13.92), with a volume of 64,911 shares.

Wall Street Analysts Forecast Growth

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

Cohort Price Performance

The company has a debt-to-equity ratio of 36.88, a current ratio of 1.55 and a quick ratio of 0.93. The stock has a market cap of £465.06 million, a price-to-earnings ratio of 3,026.32 and a beta of 0.56. The stock has a fifty day moving average of GBX 1,046.08 and a 200 day moving average of GBX 915.38.

Cohort Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, February 18th. Investors of record on Thursday, January 9th will be issued a dividend of GBX 5.25 ($0.06) per share. This represents a dividend yield of 0.51%. The ex-dividend date is Thursday, January 9th. Cohort’s dividend payout ratio (DPR) is 3,947.37%.

Cohort Company Profile

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.