Cohen & Company Inc. (NYSEAMERICAN:COHN) Shares Pass Above 200 Day Moving Average – Time to Sell?

Shares of Cohen & Company Inc. (NYSEAMERICAN:COHN) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $10.21. Cohen & Company Inc. shares last traded at $9.88, with a volume of 10,618 shares trading hands.

Cohen & Company Inc. Stock Performance

The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.35. The stock has a market cap of $19.27 million, a PE ratio of 2.42 and a beta of 1.31.

Cohen & Company Inc. Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 20th were issued a dividend of $0.25 per share. The ex-dividend date was Wednesday, November 20th. This represents a $1.00 annualized dividend and a yield of 10.12%. Cohen & Company Inc.’s payout ratio is currently 24.45%.

Institutional Trading of Cohen & Company Inc.

A hedge fund recently bought a new stake in Cohen & Company Inc. stock. Renaissance Technologies LLC purchased a new position in shares of Cohen & Company Inc. (NYSEAMERICAN:COHN) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 15,300 shares of the financial services provider’s stock, valued at approximately $136,000. Renaissance Technologies LLC owned 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.