Cohen & Company Inc. (NYSEAMERICAN:COHN) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Cohen & Company Inc. (NYSEAMERICAN:COHNGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $8.12. Cohen & Company Inc. shares last traded at $8.07, with a volume of 3,069 shares trading hands.

Cohen & Company Inc. Stock Performance

The company has a market capitalization of $15.74 million, a price-to-earnings ratio of 1.97 and a beta of 1.25. The business’s 50-day simple moving average is $7.91. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.35.

Cohen & Company Inc. Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Friday, May 16th were paid a dividend of $0.25 per share. The ex-dividend date was Friday, May 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 12.39%. Cohen & Company Inc.’s dividend payout ratio is presently 24.45%.

Insider Buying and Selling

In other news, major shareholder Circle 1 Sponsor Corp Columbus acquired 265,000 shares of Cohen & Company Inc. stock in a transaction that occurred on Monday, May 19th. The stock was purchased at an average price of $10.00 per share, for a total transaction of $2,650,000.00. Following the purchase, the insider now directly owns 8,598,333 shares in the company, valued at $85,983,330. The trade was a 3.18% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 77.17% of the stock is owned by corporate insiders.

About Cohen & Company Inc.

(Get Free Report)

Cohen & Co, Inc engages in fixed income markets. It operates through the following segments: Capital Markets, Asset Management, and Principal Investing. The Capital Markets segment consists of fixed income sales, trading, matched book repo financing, and new issue placements in corporate and securitized products and advisory services, operating primarily through its subsidiaries.

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