Cohort plc (LON:CHRT - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,214.16 ($16.39) and traded as high as GBX 1,570 ($21.20). Cohort shares last traded at GBX 1,460 ($19.71), with a volume of 139,574 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated a "buy" rating on shares of Cohort in a research report on Thursday, May 29th.
Read Our Latest Research Report on CHRT
Cohort Trading Up 3.4%
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 £685.39 million, a price-to-earnings ratio of 39.88 and a beta of 0.56. The company has a 50-day moving average price of GBX 1,373.78 and a 200 day moving average price of GBX 1,214.16.
Insiders Place Their Bets
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 ($15.12), for a total value of £60,009.60 ($81,017.42). Also, insider Simon Walther sold 350 shares of the company's stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of GBX 1,275 ($17.21), for a total value of £4,462.50 ($6,024.71). Corporate insiders own 39.22% of the company's stock.
About Cohort
(
Get Free Report)
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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