Cohort (LON:CHRT) Reaches New 52-Week High - Time to Buy?

Cohort plc (LON:CHRT - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 1,438 ($19.11) and last traded at GBX 1,404 ($18.66), with a volume of 25174 shares traded. The stock had previously closed at GBX 1,350 ($17.94).

Cohort Stock Up 0.6 %

The firm has a market capitalization of £640.98 million, a P/E ratio of 37.30 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. The firm's 50-day moving average is GBX 1,223.52 and its 200 day moving average is GBX 1,112.82.

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 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 (DPR) is 39.62%.

Insider Buying and Selling

In other news, insider Simon Walther sold 350 shares of the firm's stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of GBX 1,275 ($16.95), for a total value of £4,462.50 ($5,931.81). Also, insider Andrew Stephen Thomis sold 5,358 shares of the company's stock in a transaction dated Wednesday, April 9th. The stock was sold at an average price of GBX 1,120 ($14.89), for a total value of £60,009.60 ($79,768.18). 39.22% of the stock is owned by corporate 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.

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