Cohort (LON:CHRT) Hits New 12-Month High - Still a Buy?

Cohort plc (LON:CHRT - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 1,300 ($17.31) and last traded at GBX 1,256.54 ($16.73), with a volume of 29861 shares. The stock had previously closed at GBX 1,260 ($16.78).

Cohort Stock Up 2.1 %

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 firm has a market cap of £579.18 million, a P/E ratio of 33.70 and a beta of 0.56. The business has a fifty day moving average of GBX 1,188.48 and a 200 day moving average of GBX 1,091.01.

Cohort Cuts Dividend

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

Insider Activity at Cohort

In other Cohort news, insider Andrew Stephen Thomis sold 5,358 shares of the business's stock in a transaction dated Wednesday, April 9th. The stock was sold at an average price of GBX 1,120 ($14.91), for a total value of £60,009.60 ($79,906.26). Also, 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 ($16.98), for a total value of £4,462.50 ($5,942.08). Corporate 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.