Cohort (LON:CHRT) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Cohort plc (LON:CHRT) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,266.06 and traded as low as GBX 1,128.98. Cohort shares last traded at GBX 1,150, with a volume of 922,739 shares.

Cohort Price Performance

The business’s 50-day moving average price is GBX 1,056.79 and its 200 day moving average price is GBX 1,266.06. The company has a market capitalization of £520.95 million, a P/E ratio of 28.44 and a beta of 0.56. The company has a quick ratio of 0.93, a current ratio of 1.55 and a debt-to-equity ratio of 37.28.

Cohort (LON:CHRT) last posted its quarterly earnings data on Wednesday, December 10th. The company reported GBX 16.16 earnings per share for the quarter. Cohort had a net margin of 7.56% and a return on equity of 14.91%. Analysts anticipate that Cohort plc will post 42.7951807 EPS 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.