Institutional Financial Markets (NYSEAMERICAN:COHN) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $13.39 and traded as high as $19.80. Institutional Financial Markets shares last traded at $18.39, with a volume of 40,812 shares trading hands.

Institutional Financial Markets Stock Down 0.2%

The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.32. The firm’s 50-day moving average price is $17.50 and its 200 day moving average price is $13.39. The firm has a market cap of $37.52 million, a P/E ratio of 7.76 and a beta of 1.25.

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

Institutional Financial Markets Announces Dividend

The firm also recently announced a special dividend, which will be paid on Thursday, January 22nd. Shareholders of record on Wednesday, January 7th will be paid a dividend of $2.00 per share. The ex-dividend date of this dividend is Wednesday, January 7th. Institutional Financial Markets’s payout ratio is presently 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. The Asset Management segment manages assets through investment vehicles, such as collateralized debt obligations, managed accounts, and investment funds.