Cohort’s (CHRT) Buy Rating Reiterated at Shore Capital

Shore Capital reiterated their buy rating on shares of Cohort (LON:CHRT) in a report released on Thursday, Marketbeat reports.

Cohort Stock Performance

CHRT stock opened at GBX 1,476 ($19.86) on Thursday. The stock has a market capitalization of £669.96 million, a PE ratio of 38.98 and a beta of 0.56. Cohort has a 12-month low of GBX 724.21 ($9.74) and a 12-month high of GBX 1,580 ($21.26). The stock’s 50 day simple moving average is GBX 1,329.38 and its 200 day simple moving average is GBX 1,185.91. The company has a current ratio of 1.55, a quick ratio of 0.93 and a debt-to-equity ratio of 37.28.

Insider Buying and Selling

In other Cohort news, insider Andrew Stephen Thomis sold 5,358 shares of Cohort stock in a transaction on Wednesday, April 9th. The stock was sold at an average price of GBX 1,120 ($15.07), for a total transaction of £60,009.60 ($80,744.89). Also, insider Simon Walther sold 350 shares of Cohort stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of GBX 1,275 ($17.16), for a total value of £4,462.50 ($6,004.44). 39.22% of the stock is owned by company insiders.

About Cohort

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.