Cohort (LON:CHRT) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Cohort plc (LON:CHRT) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,212.42 and traded as low as GBX 1,058. Cohort shares last traded at GBX 1,102, with a volume of 178,105 shares changing hands.

Cohort Stock Performance

The company has a market capitalization of £504.36 million, a price-to-earnings ratio of 27.52 and a beta of 0.56. The company has a 50 day moving average price of GBX 1,050.50 and a 200 day moving average price of GBX 1,212.42. The company has a debt-to-equity ratio of 37.28, a quick ratio of 0.93 and a current ratio of 1.55.

Cohort (LON:CHRT) last announced 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%. Equities research analysts predict that Cohort plc will post 42.7951807 earnings per share for the current fiscal year.

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.