Cohort (LON:CHRT) Sets New 12-Month High – What’s Next?

Cohort plc (LON:CHRT) shares reached a new 52-week high on Wednesday . The company traded as high as GBX 1,240 ($15.38) and last traded at GBX 1,236.67 ($15.34), with a volume of 87368 shares trading hands. The stock had previously closed at GBX 1,190 ($14.76).

Cohort Stock Down 5.7 %

The stock’s 50-day moving average price is GBX 1,116.24 and its two-hundred day moving average price is GBX 964.13. 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 has a market capitalization of £434.73 million, a P/E ratio of 2,828.95 and a beta of 0.56.

Cohort (LON:CHRT) last announced its quarterly earnings data on Wednesday, December 11th. The company reported GBX 20 ($0.25) earnings per share for the quarter. Cohort had a return on equity of 14.59% and a net margin of 7.56%. As a group, research analysts expect that Cohort plc will post 42.7951807 earnings per share for the current fiscal year.

Cohort Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Investors of record on Thursday, January 9th will be paid a dividend of GBX 5.25 ($0.07) per share. The ex-dividend date of this dividend is Thursday, January 9th. This represents a dividend yield of 0.51%. Cohort’s payout ratio is 3,947.37%.

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.