Cohort (LON:CHRT) Stock Crosses Above Two Hundred Day Moving Average of $489.61

Cohort plc (LON:CHRT)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 489.61 ($6.01) and traded as high as GBX 490 ($6.02). Cohort shares last traded at GBX 485 ($5.96), with a volume of 8,547 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital restated a “buy” rating on shares of Cohort in a report on Tuesday, September 26th.

Cohort Trading Down 0.2 %

The company has a market cap of £199.77 million, a PE ratio of 1,723.21 and a beta of 0.49. The company has a current ratio of 1.86, a quick ratio of 0.93 and a debt-to-equity ratio of 35.06. The business has a 50 day simple moving average of GBX 492.35 and a two-hundred day simple moving average of GBX 489.57.

Insider Buying and Selling

In other Cohort news, insider Simon Walther purchased 1,000 shares of the stock in a transaction on Wednesday, August 23rd. The stock was bought at an average price of GBX 510 ($6.26) per share, for a total transaction of £5,100 ($6,263.05). 37.80% of the stock is currently owned by company insiders.

About Cohort

Cohort plc, through its subsidiaries, provides various products and services in defense, security, and related markets in the United Kingdom, Germany, Portugal, Africa, North and South America, and the Asia Pacific and Africa. The company offers electro-optical and electro-mechanical systems, such as command, control, communications, computers, intelligence, surveillance, target acquisition, and reconnaissance, as well as combat systems; and communications systems.