Institutional Financial Markets (NYSEAMERICAN:COHN) Share Price Passes Above 200 Day Moving Average – What’s Next?

Shares of Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.17 and traded as high as $19.95. Institutional Financial Markets shares last traded at $18.69, with a volume of 20,929 shares changing hands.

Institutional Financial Markets Stock Performance

The company’s 50-day moving average price is $19.11 and its two-hundred day moving average price is $14.17. The company has a market cap of $38.13 million, a P/E ratio of 7.89 and a beta of 1.25. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32.

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

Institutional Financial Markets Dividend Announcement

The firm also recently disclosed a special dividend, which was paid on Thursday, January 22nd. Stockholders of record on Wednesday, January 7th were paid a $2.00 dividend. The ex-dividend date was 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.