Cohort (LON:CHRT) Shares Pass Below 200 Day Moving Average – Should You Sell?

Cohort plc (LON:CHRT)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,307.69 and traded as low as GBX 881.10. Cohort shares last traded at GBX 905, with a volume of 122,217 shares trading hands.

Cohort Stock Performance

The company has a debt-to-equity ratio of 37.28, a current ratio of 1.55 and a quick ratio of 0.93. The stock has a fifty day simple moving average of GBX 1,134.30 and a two-hundred day simple moving average of GBX 1,307.69. The firm has a market capitalization of £411.97 million, a P/E ratio of 20.37 and a beta of 0.56.

Cohort (LON:CHRT) last posted its quarterly earnings results on Wednesday, December 10th. The company reported GBX 16.16 earnings per share (EPS) for the quarter. Cohort had a return on equity of 14.91% and a net margin of 7.56%. On average, research analysts predict that Cohort plc will post 42.7951807 EPS for the current year.

Insiders Place Their Bets

In related news, insider Simon Walther purchased 189 shares of the firm’s stock in a transaction on Wednesday, October 15th. The stock was purchased at an average cost of GBX 950 per share, with a total value of £1,795.50. Also, insider Andrew Stephen Thomis acquired 189 shares of the company’s stock in a transaction dated Wednesday, October 15th. The shares were bought at an average price of GBX 950 per share, for a total transaction of £1,795.50. Company insiders own 29.78% of the company’s stock.

Cohort Company Profile

Cohort plc is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.

The Group is split into two segments:

Communications and Intelligence
– EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016. www.eid.pt

– EM Solutions designs, assembles, tests, and supports satellite communications on-the-move terminals for defence and government customers.