Cohort (LON:CHRT) Reaches New 12-Month High – What’s Next?

Cohort plc (LON:CHRT)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 1,298 ($16.74) and last traded at GBX 1,288 ($16.62), with a volume of 141580 shares traded. The stock had previously closed at GBX 1,246 ($16.07).

Cohort Trading Down 8.6 %

The business has a 50-day moving average of GBX 1,156.92 and a 200 day moving average of GBX 1,051.42. The company has a debt-to-equity ratio of 37.28, a quick ratio of 0.93 and a current ratio of 1.55. The stock has a market cap of £530.16 million, a PE ratio of 30.85 and a beta of 0.56.

Cohort Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, February 18th. Investors of record on Thursday, January 9th were paid a GBX 5.25 ($0.07) dividend. The ex-dividend date was Thursday, January 9th. This represents a yield of 0.51%. Cohort’s payout ratio is currently 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.