Cohen & Company Inc. (NYSEAMERICAN:COHN) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Cohen & Company Inc. (NYSEAMERICAN:COHN)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $10.58. Cohen & Company Inc. shares last traded at $10.41, with a volume of 2,653 shares traded.

Cohen & Company Inc. Price Performance

The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market cap of $20.30 million, a PE ratio of 2.55 and a beta of 1.31.

Cohen & Company Inc. Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Wednesday, November 20th were paid a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 9.61%. Cohen & Company Inc.’s dividend payout ratio is currently 24.45%.

Hedge Funds Weigh In On Cohen & Company Inc.

An institutional investor recently bought a new position in Cohen & Company Inc. stock. Renaissance Technologies LLC purchased a new stake in shares of Cohen & Company Inc. (NYSEAMERICAN:COHN) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 15,300 shares of the financial services provider’s stock, valued at approximately $136,000. Renaissance Technologies LLC owned 0.79% of Cohen & Company Inc. as of its most recent filing with the SEC. Institutional investors own 14.26% of the company’s stock.

About Cohen & Company Inc.

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.