Cohort (LON:CHRT) Given Buy Rating at Shore Capital

Shore Capital reissued their buy rating on shares of Cohort (LON:CHRT) in a report published on Tuesday, MarketBeat reports.

Cohort Stock Performance

The firm’s 50-day moving average price is GBX 847.74 and its 200-day moving average price is GBX 787.17. Cohort has a 1 year low of GBX 456 ($6.11) and a 1 year high of GBX 940 ($12.59). The company has a debt-to-equity ratio of 36.88, a quick ratio of 0.93 and a current ratio of 1.55. The stock has a market capitalization of £364.68 million, a P/E ratio of 2,363.16 and a beta of 0.56.

Cohort Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, October 2nd. Shareholders of record on Thursday, August 22nd will be given a dividend of GBX 10.10 ($0.14) per share. This represents a yield of 1.22%. The ex-dividend date of this dividend is Thursday, August 22nd. This is an increase from Cohort’s previous dividend of $4.70. Cohort’s payout ratio is 3,947.37%.

Insider Buying and Selling at Cohort

In other news, insider Simon Walther sold 1,359 shares of the company’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of GBX 836 ($11.19), for a total value of £11,361.24 ($15,213.23). In other news, insider Andrew Stephen Thomis sold 19,224 shares of the company’s stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of GBX 808 ($10.82), for a total value of £155,329.92 ($207,994.00). Also, insider Simon Walther sold 1,359 shares of the company’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of GBX 836 ($11.19), for a total value of £11,361.24 ($15,213.23). 39.27% of the stock is owned by company insiders.

Cohort Company Profile

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.