Institutional Financial Markets (NYSEAMERICAN:COHN) Shares Pass Above 200-Day Moving Average – Time to Sell?

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $13.84 and traded as high as $22.29. Institutional Financial Markets shares last traded at $20.24, with a volume of 44,827 shares trading hands.

Institutional Financial Markets Stock Down 6.9%

The business has a 50-day moving average of $18.65 and a 200-day moving average of $13.84. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a market capitalization of $41.29 million, a price-to-earnings ratio of 8.54 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. The company had revenue of $71.98 million for the quarter. Institutional Financial Markets had a net margin of 2.29% and a return on equity of 16.74%.

Institutional Financial Markets Dividend Announcement

The business also recently disclosed a special dividend, which was paid on Thursday, January 22nd. Investors of record on Wednesday, January 7th were given a dividend of $2.00 per share. The ex-dividend date of this dividend was Wednesday, January 7th. Institutional Financial Markets’s dividend payout ratio (DPR) 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.