Institutional Financial Markets (NYSEAMERICAN:COHN) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $11.71 and traded as high as $19.75. Institutional Financial Markets shares last traded at $19.55, with a volume of 58,640 shares.

Institutional Financial Markets Stock Up 3.9%

The company has a market capitalization of $39.88 million, a PE ratio of 8.25 and a beta of 1.28. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32. The business has a fifty day moving average of $13.37 and a 200 day moving average of $11.71.

Institutional Financial Markets (NYSEAMERICAN:COHN) last issued its quarterly earnings results on Tuesday, November 4th. The financial services provider reported $2.71 earnings per share (EPS) for the quarter. Institutional Financial Markets had a net margin of 2.29% and a return on equity of 16.74%. The business had revenue of $71.98 million for the quarter.

Institutional Financial Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Wednesday, November 19th were paid a $0.25 dividend. The ex-dividend date was Wednesday, November 19th. This represents a $1.00 annualized dividend and a dividend yield of 5.1%. Institutional Financial Markets’s payout ratio is 24.45%.

Institutional Financial Markets Company Profile

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.