Cohort (LON:CHRT) Shares Pass Above Two Hundred Day Moving Average - Time to Sell?

Cohort plc (LON:CHRT - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,273.72 ($17.32) and traded as high as GBX 1,568 ($21.32). Cohort shares last traded at GBX 1,568 ($21.32), with a volume of 98,251 shares.

Analyst Upgrades and Downgrades

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

Cohort Stock Up 1.6%

The stock has a 50-day moving average of GBX 1,501.65 and a 200-day moving average of GBX 1,280.84. The company has a debt-to-equity ratio of 37.28, a current ratio of 1.55 and a quick ratio of 0.93. The firm has a market cap of £703.55 million, a price-to-earnings ratio of 40.94 and a beta of 0.56.

Insider Buying and Selling at Cohort

In other Cohort news, insider Andrew Stephen Thomis sold 5,358 shares of the company's stock in a transaction on Wednesday, April 9th. The stock was sold at an average price of GBX 1,120 ($15.23), for a total transaction of £60,009.60 ($81,579.12). Also, insider Simon Walther sold 350 shares of the company's stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of GBX 1,275 ($17.33), for a total value of £4,462.50 ($6,066.48). 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.