Cohort (LON:CHRT) Sets New 52-Week High - What's Next?

Cohort plc (LON:CHRT - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 1,576 ($21.21) and last traded at GBX 1,555.81 ($20.93), with a volume of 68141 shares traded. The stock had previously closed at GBX 1,536 ($20.67).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a "buy" rating on shares of Cohort in a research note on Thursday.

Cohort Trading Up 3.2%

The company has a quick ratio of 0.93, a current ratio of 1.55 and a debt-to-equity ratio of 37.28. The stock has a fifty day simple moving average of GBX 1,329.38 and a 200 day simple moving average of GBX 1,185.91. The firm has a market capitalization of £669.96 million, a P/E ratio of 38.98 and a beta of 0.56.

Insider Buying and Selling at Cohort

In other news, insider Andrew Stephen Thomis sold 5,358 shares of Cohort stock in a transaction dated Wednesday, April 9th. The stock was sold at an average price of GBX 1,120 ($15.07), for a total value of £60,009.60 ($80,744.89). Also, insider Simon Walther sold 350 shares of Cohort stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of GBX 1,275 ($17.16), for a total value of £4,462.50 ($6,004.44). Insiders own 39.22% of the company's stock.

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.