Cohen & Company Inc. (NYSEAMERICAN:COHN) Shares Pass Above Two Hundred Day Moving Average of $0.00

Cohen & Company Inc. (NYSEAMERICAN:COHN)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $10.75. Cohen & Company Inc. shares last traded at $10.26, with a volume of 5,370 shares traded.

Cohen & Company Inc. Price Performance

The company has a debt-to-equity ratio of 0.36, a current ratio of 0.97 and a quick ratio of 0.97. The firm has a market capitalization of $18.67 million, a P/E ratio of -1.16 and a beta of 0.85.

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 company had revenue of $22.57 million during the quarter. Cohen & Company Inc. had a negative return on equity of 5.80% and a negative net margin of 19.55%.

Cohen & Company Inc. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Friday, August 18th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 9.75%. The ex-dividend date was Thursday, August 17th. Cohen & Company Inc.’s dividend payout ratio is -11.30%.

Institutional Investors Weigh In On Cohen & Company Inc.

An institutional investor recently raised its position in Cohen & Company Inc. stock. BlackRock Inc. grew its position in shares of Cohen & Company Inc. (NYSEAMERICAN:COHN) by 8.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,937 shares of the financial services provider’s stock after purchasing an additional 2,207 shares during the period. BlackRock Inc. owned about 1.59% of Cohen & Company Inc. worth $117,000 at the end of the most recent reporting period. 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.