Cohort (LON:CHRT) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Cohort plc (LON:CHRT)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,389.57 and traded as low as GBX 1,060. Cohort shares last traded at GBX 1,114, with a volume of 400,942 shares traded.

Cohort Stock Performance

The firm has a 50-day moving average price of GBX 1,284.16 and a 200 day moving average price of GBX 1,387.38. The firm has a market capitalization of £497.37 million, a PE ratio of 24.63 and a beta of 0.56. The company has a quick ratio of 0.93, a current ratio of 1.55 and a debt-to-equity ratio of 37.28.

Insider Transactions at Cohort

In other news, insider Simon Walther sold 16,569 shares of the stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of GBX 1,256, for a total transaction of £208,106.64. Also, insider Andrew Stephen Thomis sold 21,203 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of GBX 1,256, for a total transaction of £266,309.68. Company insiders own 28.46% of the company’s stock.

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.