Shares of Cohort plc (LON:CHRT – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 776.30 ($10.25) and traded as high as GBX 826.30 ($10.92). Cohort shares last traded at GBX 816 ($10.78), with a volume of 130,555 shares trading hands.
Analyst Ratings Changes
Separately, Shore Capital reiterated a “buy” rating on shares of Cohort in a report on Monday, July 15th.
Get Our Latest Analysis on Cohort
Cohort Stock Up 1.2 %
Cohort Increases Dividend
The company also recently declared a dividend, which will be paid on Wednesday, October 2nd. Investors of record on Thursday, August 22nd will be paid a GBX 10.10 ($0.13) dividend. This represents a yield of 1.22%. This is an increase from Cohort’s previous dividend of $4.70. The ex-dividend date is Thursday, August 22nd. Cohort’s dividend payout ratio (DPR) is 3,947.37%.
Insider Buying and Selling at Cohort
In related news, insider Simon Walther sold 1,359 shares of the firm’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of GBX 836 ($11.04), for a total transaction of £11,361.24 ($15,008.24). In related news, insider Andrew Stephen Thomis sold 19,224 shares of the company’s stock in a transaction on Monday, July 22nd. The stock was sold at an average price of GBX 808 ($10.67), for a total transaction of £155,329.92 ($205,191.44). Also, insider Simon Walther sold 1,359 shares of the firm’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of GBX 836 ($11.04), for a total value of £11,361.24 ($15,008.24). 39.27% of the stock is currently owned by insiders.
About Cohort
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.
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