Cohort (LON:CHRT) Sets New 1-Year High – Here’s Why

Cohort plc (LON:CHRT) reached a new 52-week high on Wednesday . The company traded as high as GBX 1,250 ($16.11) and last traded at GBX 1,247.45 ($16.08), with a volume of 32289 shares trading hands. The stock had previously closed at GBX 1,215 ($15.66).

Cohort Stock Down 1.1 %

The stock has a 50-day simple moving average of GBX 1,124.80 and a two-hundred day simple moving average of GBX 1,000.49. The company has a quick ratio of 0.93, a current ratio of 1.55 and a debt-to-equity ratio of 37.28. The firm has a market cap of £545.61 million, a PE ratio of 31.75 and a beta of 0.56.

Cohort (LON:CHRT) last released its quarterly earnings results on Wednesday, December 11th. The company reported GBX 20 ($0.26) earnings per share for the quarter. Cohort had a return on equity of 14.91% and a net margin of 7.56%. Analysts expect that Cohort plc will post 42.7951807 earnings per share for the current year.

Cohort Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Thursday, January 9th were given a dividend of GBX 5.25 ($0.07) per share. The ex-dividend date was Thursday, January 9th. This represents a yield of 0.51%. Cohort’s payout ratio is 39.62%.

About Cohort

Cohort plc (www.cohortplc.com) is the parent company of six innovative, agile and responsive businesses based in the UK, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.

Chess Technologies, through its operating businesses Chess Dynamics and Vision4ce, offers surveillance, tracking and fire-control systems to the defence and security markets.