Cohen & Company Inc. (NYSEAMERICAN:COHN) Stock Price Passes Above Two Hundred Day Moving Average of $0.00

Cohen & Company Inc. (NYSEAMERICAN:COHN) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $10.14. Cohen & Company Inc. shares last traded at $9.86, with a volume of 13,757 shares.

Cohen & Company Inc. Trading Down 2.9 %

The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a market cap of $17.95 million, a price-to-earnings ratio of -1.11 and a beta of 1.01.

Cohen & Company Inc. (NYSEAMERICAN:COHN) last posted its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported ($0.30) EPS for the quarter. The business had revenue of $22.57 million for the quarter. Cohen & Company Inc. had a negative net margin of 19.55% and a negative return on equity of 5.80%.

Cohen & Company Inc. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 18th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 10.14%. The ex-dividend date is Thursday, August 17th. Cohen & Company Inc.’s payout ratio is -11.30%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Cohen & Company Inc. stock. Royal Bank of Canada grew its holdings in Cohen & Company Inc. (NYSEAMERICAN:COHN) by 39.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,542 shares of the financial services provider’s stock after buying an additional 3,242 shares during the period. Royal Bank of Canada owned 0.67% of Cohen & Company Inc. worth $99,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 2.08% of the company’s stock.

Cohen & Company Inc. Company Profile

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.