Cohort (LON:CHRT) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Cohort plc (LON:CHRT) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 897.83 ($11.11) and traded as high as GBX 1,100 ($13.62). Cohort shares last traded at GBX 1,090 ($13.49), with a volume of 17,825 shares trading hands.

Wall Street Analyst Weigh In

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

Cohort Stock Up 5.2 %

The company has a market capitalization of £489.32 million, a P/E ratio of 3,184.21 and a beta of 0.56. The company has a current ratio of 1.55, a quick ratio of 0.93 and a debt-to-equity ratio of 36.88. The stock’s fifty day moving average is GBX 1,014.36 and its 200 day moving average is GBX 900.26.

Cohort Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Thursday, January 9th will be paid 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%.

About Cohort

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.