Cohort (LON:CHRT) Sets New 1-Year High - Here's What Happened

Cohort plc (LON:CHRT - Get Free Report)'s stock price hit a new 52-week high on Tuesday . The company traded as high as GBX 1,350 ($17.92) and last traded at GBX 1,342.40 ($17.82), with a volume of 99625 shares. The stock had previously closed at GBX 1,324 ($17.57).

Cohort Stock Performance

The company's 50 day moving average price is GBX 1,217.34 and its 200-day moving average price is GBX 1,107.81. The company has a market cap of £637.28 million, a PE ratio of 37.08 and a beta of 0.56. The company has a debt-to-equity ratio of 37.28, a quick ratio of 0.93 and a current ratio of 1.55.

Cohort Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Thursday, January 9th were given a dividend of GBX 5.25 ($0.07) per share. The ex-dividend date was Thursday, January 9th. This represents a dividend yield of 0.51%. Cohort's dividend payout ratio (DPR) is currently 39.62%.

Insider Activity at Cohort

In other Cohort news, insider Simon Walther sold 350 shares of Cohort stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of GBX 1,275 ($16.92), for a total value of £4,462.50 ($5,923.15). Also, insider Andrew Stephen Thomis sold 5,358 shares of Cohort stock in a transaction that occurred on Wednesday, April 9th. The stock was sold at an average price of GBX 1,120 ($14.87), for a total transaction of £60,009.60 ($79,651.71). 39.22% of the stock is currently owned by insiders.

Cohort Company Profile

Cohort plc is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets. The Group is split into two segments: Communications and Intelligence - EID designs and manufactures advanced communications systems for naval and military customers.