Institutional Financial Markets (NYSEAMERICAN:COHN) Stock Price Breaks Above Fifty Day Moving Average – Here’s What Happened

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $10.20 and traded as high as $10.72. Institutional Financial Markets shares last traded at $10.69, with a volume of 8,415 shares trading hands.

Institutional Financial Markets Stock Performance

The stock has a market cap of $34.53 million, a PE ratio of 1.97 and a beta of 1.06. The stock has a fifty day simple moving average of $10.20 and a two-hundred day simple moving average of $13.66. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.86 and a current ratio of 0.86.

About Institutional Financial Markets

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Institutional Financial Markets, Inc. (NYSE American: COHN) is a financial services company focused primarily on institutional fixed-income markets. Through its broker-dealer operations, the company provides sales, trading and market-making services involving a range of debt securities, including corporate, mortgage-backed, asset-backed and municipal securities. The company also engages in investment banking and related capital-markets activities, serving institutional investors, issuers and other financial-market participants.

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