Cohort (LON:CHRT) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Cohort plc (LON:CHRT) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,199.65 and traded as low as GBX 1,170. Cohort shares last traded at GBX 1,196, with a volume of 2,605,582 shares.

Cohort Stock Performance

The company has a current ratio of 1.55, a quick ratio of 0.93 and a debt-to-equity ratio of 37.28. The company has a market cap of £547.39 million, a P/E ratio of 29.86 and a beta of 0.56. The company has a 50 day moving average price of GBX 1,058.70 and a 200-day moving average price of GBX 1,199.65.

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

About Cohort

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.