Cohort (LON:CHRT) Reaches New 12-Month High at $940.00

Cohort plc (LON:CHRT)’s share price hit a new 52-week high on Thursday . The company traded as high as GBX 940 ($12.59) and last traded at GBX 932 ($12.48), with a volume of 69965 shares. The stock had previously closed at GBX 888 ($11.89).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “buy” rating on shares of Cohort in a report on Tuesday.

Cohort Trading Up 5.0 %

The company has a quick ratio of 0.93, a current ratio of 1.55 and a debt-to-equity ratio of 36.88. The company has a 50-day moving average price of GBX 845.46 and a 200-day moving average price of GBX 786.16. The company has a market capitalization of £376.81 million, a price-to-earnings ratio of 2,452.63 and a beta of 0.56.

Cohort Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, October 2nd. Shareholders of record on Thursday, August 22nd will be given a GBX 10.10 ($0.14) dividend. This is an increase from Cohort’s previous dividend of $4.70. This represents a yield of 1.22%. The ex-dividend date of this dividend is Thursday, August 22nd. Cohort’s payout ratio is currently 3,947.37%.

Insider Activity

In related news, insider Andrew Stephen Thomis sold 19,224 shares of the company’s stock in a transaction on Monday, July 22nd. The shares were sold at an average price of GBX 808 ($10.82), for a total transaction of £155,329.92 ($207,994.00). In related news, insider Andrew Stephen Thomis sold 19,224 shares of Cohort stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of GBX 808 ($10.82), for a total transaction of £155,329.92 ($207,994.00). Also, insider Simon Walther sold 1,359 shares of the company’s stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of GBX 836 ($11.19), for a total value of £11,361.24 ($15,213.23). 39.27% of the stock is owned by company insiders.

Cohort Company Profile

Cohort plc, through its subsidiaries, provides various products and services in defense, security, and related markets in the United Kingdom, Germany, Portugal, Africa, North and South America, and the Asia Pacific and Africa. The company offers electro-optical and electro-mechanical systems, such as command, control, communications, computers, intelligence, surveillance, target acquisition, and reconnaissance, as well as combat systems; and communications systems.