Cohort (LON:CHRT) Shares Pass Above 200 Day Moving Average – Here’s Why

Cohort plc (LON:CHRT) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 990.42 ($12.45) and traded as high as GBX 1,095 ($13.77). Cohort shares last traded at GBX 1,085 ($13.64), with a volume of 68,284 shares trading hands.

Cohort Stock Performance

The stock has a market capitalization of £492.48 million, a P/E ratio of 28.66 and a beta of 0.56. The company has a 50 day simple moving average of GBX 1,117.50 and a 200-day simple moving average of GBX 990.42. The company has a debt-to-equity ratio of 37.28, a current ratio of 1.55 and a quick ratio of 0.93.

Cohort (LON:CHRT) last issued its 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%. On average, equities analysts forecast that Cohort plc will post 42.7951807 EPS for the current year.

Cohort Cuts Dividend

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

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.