Cohort plc (LON:CHRT - Get Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,377.88 ($18.62) and traded as low as GBX 1,325.70 ($17.92). Cohort shares last traded at GBX 1,354.81 ($18.31), with a volume of 197,239 shares.
Wall Street Analyst Weigh In
Separately, Shore Capital reaffirmed a "buy" rating and issued a GBX 1,630 price target on shares of Cohort in a research note on Wednesday, July 16th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of GBX 1,630.
Check Out Our Latest Analysis on CHRT
Cohort Price Performance
The stock's 50-day moving average price is GBX 1,366.58 and its 200-day moving average price is GBX 1,377.88. The company has a market capitalization of £613.75 million, a price-to-earnings ratio of 3,042.34 and a beta of 0.56. The company has a quick ratio of 0.93, a current ratio of 1.55 and a debt-to-equity ratio of 37.28.
Cohort (LON:CHRT - Get Free Report) last released its earnings results on Wednesday, July 16th. The company reported GBX 54.44 EPS for the quarter. Cohort had a return on equity of 14.91% and a net margin of 7.56%. Equities research analysts anticipate that Cohort plc will post 42.7951807 earnings per share for the current year.
Insider Activity
In other news, insider Andrew Stephen Thomis sold 21,203 shares of the company's stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of GBX 1,256, for a total value of £266,309.68. Also, insider Nicholas Martin Prest sold 350,000 shares of Cohort stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of GBX 1,743, for a total transaction of £6,100,500. Insiders sold a total of 597,874 shares of company stock valued at $1,023,699,418 in the last ninety days. 28.38% of the stock is owned by insiders.
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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