Cohen & Company Inc. (NYSEAMERICAN:COHN) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Cohen & Company Inc. (NYSEAMERICAN:COHN) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $10.21. Cohen & Company Inc. shares last traded at $9.88, with a volume of 10,618 shares.

Cohen & Company Inc. Stock Performance

The company has a market capitalization of $19.27 million, a price-to-earnings ratio of 2.42 and a beta of 1.31. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.01 and a current ratio of 1.01.

Cohen & Company Inc. Dividend Announcement

The business also recently disclosed 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 10.12%. Cohen & Company Inc.’s dividend payout ratio is currently 24.45%.

Institutional Trading of Cohen & Company Inc.

A hedge fund recently bought a new stake in Cohen & Company Inc. stock. Renaissance Technologies LLC acquired a new stake in shares of Cohen & Company Inc. (NYSEAMERICAN:COHN) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 15,300 shares of the financial services provider’s stock, valued at approximately $136,000. Renaissance Technologies LLC owned about 0.79% of Cohen & Company Inc. at the end of the most recent reporting period. 14.26% of the stock is owned by hedge funds and other institutional investors.

Cohen & Company Inc. Company Profile

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.