Cohort (LON:CHRT) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Shares of Cohort plc (LON:CHRT) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,010.12 ($13.10) and traded as high as GBX 1,225 ($15.89). Cohort shares last traded at GBX 1,205 ($15.63), with a volume of 103,997 shares changing hands.

Cohort Trading Down 0.8 %

The stock has a market cap of £546.95 million, a P/E ratio of 31.83 and a beta of 0.56. The company has a debt-to-equity ratio of 37.28, a current ratio of 1.55 and a quick ratio of 0.93. The firm’s fifty day moving average price is GBX 1,134.10 and its two-hundred day moving average price is GBX 1,010.12.

Cohort (LON:CHRT) last posted its quarterly earnings data on Wednesday, December 11th. The company reported GBX 20 ($0.26) earnings per share for the quarter. Cohort had a net margin of 7.56% and a return on equity of 14.91%. As a group, equities research 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. Shareholders of record on Thursday, January 9th were issued a GBX 5.25 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, January 9th. This represents a dividend yield of 0.51%. Cohort’s dividend payout ratio is currently 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.