Cohen & Company Inc. (NYSEAMERICAN:COHN) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Cohen & Company Inc. (NYSEAMERICAN:COHN) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $8.55. Cohen & Company Inc. shares last traded at $8.38, with a volume of 8,036 shares traded.

Cohen & Company Inc. Stock Performance

The company has a market cap of $16.34 million, a P/E ratio of 3.35 and a beta of 1.21. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.31.

Cohen & Company Inc. (NYSEAMERICAN:COHN) last issued its quarterly earnings data on Monday, August 5th. The financial services provider reported ($1.51) EPS for the quarter. The firm had revenue of $10.80 million for the quarter. Cohen & Company Inc. had a net margin of 4.69% and a negative return on equity of 1.98%.

Cohen & Company Inc. Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Thursday, August 22nd were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a $1.00 annualized dividend and a yield of 11.93%. Cohen & Company Inc.’s payout ratio is presently 40.00%.

Institutional Investors Weigh In On Cohen & Company Inc.

A hedge fund recently bought a new stake in Cohen & Company Inc. stock. Renaissance Technologies LLC acquired a new position in Cohen & Company Inc. (NYSEAMERICAN:COHN) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 15,300 shares of the financial services provider’s stock, valued at approximately $136,000. Renaissance Technologies LLC owned about 0.79% of Cohen & Company Inc. as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 14.26% of the company’s stock.

About Cohen & Company Inc.

Cohen & Company Inc is a publicly owned investment manager. The firm primarily provides its services to individuals and institutions. It manages separate client-focused fixed income portfolios. Institutional Financial Markets, Inc also manages funds and collateralized debt obligations for its clients.