Cohort (LON:CHRT) Sets New 1-Year High at $790.00

Cohort plc (LON:CHRT)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 790 ($9.76) and last traded at GBX 774 ($9.56), with a volume of 134930 shares. The stock had previously closed at GBX 770 ($9.51).

Analyst Ratings Changes

Separately, Shore Capital restated a “buy” rating on shares of Cohort in a research report on Thursday, March 28th.

Cohort Price Performance

The company has a debt-to-equity ratio of 32.14, a quick ratio of 0.93 and a current ratio of 1.69. The firm has a market capitalization of £321.44 million, a P/E ratio of 2,333.33 and a beta of 0.53. The company has a 50-day moving average price of GBX 630.84 and a 200-day moving average price of GBX 562.88.

Cohort Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, February 13th. Stockholders of record on Thursday, January 4th were given a GBX 4.70 ($0.06) dividend. The ex-dividend date was Thursday, January 4th. This represents a dividend yield of 0.88%. Cohort’s dividend payout ratio is currently 4,242.42%.

Insider Transactions at Cohort

In other Cohort news, insider Andrew Stephen Thomis bought 2,797 shares of Cohort stock in a transaction on Friday, April 12th. The shares were purchased at an average cost of GBX 715 ($8.83) per share, for a total transaction of £19,998.55 ($24,701.77). 35.10% of the stock is owned by corporate insiders.

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.