Cohort (LON:CHRT) Hits New 1-Year High at $650.00

Cohort plc (LON:CHRT)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 650 ($8.21) and last traded at GBX 640 ($8.09), with a volume of 417374 shares changing hands. The stock had previously closed at GBX 594 ($7.51).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating on shares of Cohort in a research note on Thursday.

Cohort Stock Down 2.3 %

The firm’s 50 day moving average price is GBX 569.06 and its two-hundred day moving average price is GBX 531.50. The firm has a market capitalization of £278.12 million, a PE ratio of 2,030.30 and a beta of 0.50. The company has a quick ratio of 0.93, a current ratio of 1.69 and a debt-to-equity ratio of 32.14.

Cohort Cuts Dividend

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

Insider Activity at Cohort

In related news, insider Peter Lynas acquired 15,000 shares of the firm’s stock in a transaction on Wednesday, January 17th. The stock was bought at an average cost of GBX 545 ($6.89) per share, with a total value of £81,750 ($103,311.01). In other Cohort news, insider Peter Lynas bought 15,000 shares of the stock in a transaction on Wednesday, January 17th. The stock was purchased at an average price of GBX 545 ($6.89) per share, for a total transaction of £81,750 ($103,311.01). Also, insider Andrew Stephen Thomis sold 2,944 shares of Cohort stock in a transaction dated Wednesday, March 27th. The shares were sold at an average price of GBX 680 ($8.59), for a total transaction of £20,019.20 ($25,299.13). 35.53% of the stock is currently owned by company 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.