Cohort (LON:CHRT) Reaches New 12-Month High - Still a 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 1,588 ($21.52) and last traded at GBX 1,586 ($21.49), with a volume of 661110 shares traded. The stock had previously closed at GBX 1,544 ($20.92).

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a "buy" rating on shares of Cohort in a report on Thursday, May 29th.

Cohort Stock Performance

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 stock has a market capitalization of £699.92 million, a P/E ratio of 40.73 and a beta of 0.56. The business has a 50-day moving average price of GBX 1,342.66 and a 200 day moving average price of GBX 1,194.10.

Insider Buying and Selling

In related news, insider Simon Walther sold 350 shares of the firm's stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of GBX 1,275 ($17.28), for a total transaction of £4,462.50 ($6,047.57). Also, insider Andrew Stephen Thomis sold 5,358 shares of the company's stock in a transaction on Wednesday, April 9th. The shares were sold at an average price of GBX 1,120 ($15.18), for a total transaction of £60,009.60 ($81,324.84). 39.22% of the stock is currently 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.