Cohen & Company Inc. (NYSEAMERICAN:COHN) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Shares of Cohen & Company Inc. (NYSEAMERICAN:COHN) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $11.05. Cohen & Company Inc. shares last traded at $10.80, with a volume of 5,228 shares traded.

Cohen & Company Inc. Stock Up 0.4 %

The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.35. The firm has a market cap of $19.91 million, a price-to-earnings ratio of 2.50 and a beta of 1.31.

Cohen & Company Inc. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Wednesday, November 20th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 9.79%. The ex-dividend date was Wednesday, November 20th. Cohen & Company Inc.’s dividend payout ratio is presently 24.45%.

Hedge Funds Weigh In On Cohen & Company Inc.

A hedge fund recently bought a new stake in Cohen & Company Inc. stock. Renaissance Technologies LLC acquired a new position in Cohen & Company Inc. (NYSEAMERICAN:COHN) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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. as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 14.26% of the company’s stock.

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.