Institutional Financial Markets (NYSEAMERICAN:COHN) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $16.86 and traded as low as $11.88. Institutional Financial Markets shares last traded at $12.30, with a volume of 27,573 shares trading hands.

Institutional Financial Markets Price Performance

The stock has a 50-day moving average of $14.69 and a two-hundred day moving average of $16.80. The firm has a market cap of $30.85 million, a price-to-earnings ratio of 2.32 and a beta of 1.15. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.29.

Institutional Financial Markets (NYSEAMERICAN:COHN) last posted its quarterly earnings data on Monday, May 4th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter. Institutional Financial Markets had a return on equity of 44.53% and a net margin of 5.12%.The firm had revenue of $56.04 million for the quarter.

Institutional Financial Markets Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, May 18th were issued a dividend of $0.25 per share. The ex-dividend date was Monday, May 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 8.1%. Institutional Financial Markets’s payout ratio is currently 24.45%.

About Institutional Financial Markets

Cohen & Co, Inc engages in fixed income markets. It operates through the following segments: Capital Markets, Asset Management, and Principal Investing. The Capital Markets segment consists of fixed income sales, trading, matched book repo financing, and new issue placements in corporate and securitized products and advisory services, operating primarily through its subsidiaries. The Asset Management segment manages assets through investment vehicles, such as collateralized debt obligations, managed accounts, and investment funds.