Cohort (LON:CHRT) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Cohort plc (LON:CHRT) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 977.84 ($12.35) and traded as high as GBX 1,100 ($13.90). Cohort shares last traded at GBX 1,075 ($13.58), with a volume of 59,857 shares changing hands.

Cohort Stock Down 0.9 %

The company has a debt-to-equity ratio of 37.28, a current ratio of 1.55 and a quick ratio of 0.93. The firm has a market cap of £483.41 million, a price-to-earnings ratio of 28.13 and a beta of 0.56. The firm has a 50 day moving average price of GBX 1,120.40 and a 200-day moving average price of GBX 981.01.

Cohort (LON:CHRT) last issued its quarterly earnings results on Wednesday, December 11th. The company reported GBX 20 ($0.25) earnings per share (EPS) for the quarter. Cohort had a return on equity of 14.91% and a net margin of 7.56%. As a group, equities analysts predict that Cohort plc will post 42.7951807 EPS for the current fiscal year.

Cohort Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, February 18th. Investors of record on Thursday, January 9th were issued a GBX 5.25 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, January 9th. This represents a yield of 0.51%. Cohort’s dividend payout ratio is presently 39.62%.

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.