Cohen & Company Inc. (NYSEAMERICAN:COHN) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Cohen & Company Inc. (NYSEAMERICAN:COHN)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $8.55. Cohen & Company Inc. shares last traded at $8.38, with a volume of 8,036 shares.

Cohen & Company Inc. Stock Up 0.9 %

The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.31. The firm has a market cap of $16.50 million, a P/E ratio of 3.38 and a beta of 1.22.

Cohen & Company Inc. (NYSEAMERICAN:COHN) last issued its earnings results on Monday, August 5th. The financial services provider reported ($1.51) earnings per share (EPS) for the quarter. The firm had revenue of $10.80 million during the quarter. Cohen & Company Inc. had a net margin of 4.69% and a negative return on equity of 1.98%.

Cohen & Company Inc. Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Thursday, August 22nd were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 11.82%. The ex-dividend date was Thursday, August 22nd. Cohen & Company Inc.’s payout ratio is 40.00%.

Hedge Funds Weigh In On Cohen & Company Inc.

A hedge fund recently bought a new stake in Cohen & Company Inc. stock. Renaissance Technologies LLC bought a new position in shares of Cohen & Company Inc. (NYSEAMERICAN:COHN) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 15,300 shares of the financial services provider’s stock, valued at approximately $136,000. Renaissance Technologies LLC owned approximately 0.79% of Cohen & Company Inc. as of its most recent filing with the SEC. 14.26% of the stock is currently owned by institutional investors.

About Cohen & Company Inc.

Cohen & Company Inc is a publicly owned investment manager. The firm primarily provides its services to individuals and institutions. It manages separate client-focused fixed income portfolios. Institutional Financial Markets, Inc also manages funds and collateralized debt obligations for its clients.