Institutional Financial Markets (NYSEAMERICAN:COHN) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $9.57 and traded as high as $11.49. Institutional Financial Markets shares last traded at $11.03, with a volume of 2,835 shares traded.

Institutional Financial Markets Stock Performance

The company has a debt-to-equity ratio of 0.35, a current ratio of 0.91 and a quick ratio of 0.91. The company has a fifty day moving average of $11.72 and a two-hundred day moving average of $9.57. The stock has a market capitalization of $22.50 million, a P/E ratio of 10.03 and a beta of 1.12.

Institutional Financial Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 15th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 9.1%. The ex-dividend date was Friday, August 15th. Institutional Financial Markets’s dividend payout ratio (DPR) is presently 24.45%.

About Institutional Financial Markets

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.