Cohort (LON:CHRT) Shares Cross Below 200 Day Moving Average – What’s Next?

Cohort plc (LON:CHRT)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,402.54 and traded as low as GBX 1,142. Cohort shares last traded at GBX 1,150, with a volume of 187,809 shares traded.

Cohort Price 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 £532.96 million, a PE ratio of 26.40 and a beta of 0.56. The firm has a 50 day moving average of GBX 1,319.86 and a two-hundred day moving average of GBX 1,402.54.

Insiders Place Their Bets

In related news, insider Andrew Stephen Thomis bought 189 shares of the business’s stock in a transaction dated Wednesday, October 15th. The shares were purchased at an average cost of GBX 950 per share, with a total value of £1,795.50. Also, insider Simon Walther purchased 189 shares of the stock in a transaction dated Wednesday, October 15th. The stock was bought at an average cost of GBX 950 per share, with a total value of £1,795.50. Corporate insiders own 28.46% of the company’s stock.

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.