Cohort plc (LON:CHRT – Get Free Report)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 790 ($9.76) and last traded at GBX 774 ($9.56), with a volume of 134930 shares traded. The stock had previously closed at GBX 770 ($9.51).
Analyst Ratings Changes
Separately, Shore Capital reiterated a “buy” rating on shares of Cohort in a research note on Thursday, March 28th.
Check Out Our Latest Stock Analysis on Cohort
Cohort Stock Down 2.1 %
Cohort Cuts Dividend
The company also recently declared a dividend, which was paid on Tuesday, February 13th. Investors of record on Thursday, January 4th were paid a GBX 4.70 ($0.06) dividend. The ex-dividend date was Thursday, January 4th. This represents a yield of 0.88%. Cohort’s dividend payout ratio (DPR) is 4,242.42%.
Insider Buying and Selling
In related news, insider Andrew Stephen Thomis bought 2,797 shares of the firm’s stock in a transaction on Friday, April 12th. The stock was bought at an average cost of GBX 715 ($8.83) per share, for a total transaction of £19,998.55 ($24,701.77). Insiders own 35.10% of the company’s stock.
Cohort Company Profile
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.
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