Institutional Financial Markets (NYSEAMERICAN:COHN) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Shares of Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $17.18 and traded as low as $11.04. Institutional Financial Markets shares last traded at $11.29, with a volume of 10,867 shares.

Institutional Financial Markets Trading Up 0.5%

The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.87 and a current ratio of 0.87. The company has a market capitalization of $28.79 million, a price-to-earnings ratio of 2.17 and a beta of 1.15. The business’s 50-day simple moving average is $15.88 and its 200-day simple moving average is $17.12.

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

Institutional Financial Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Monday, May 18th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date was Monday, May 18th. Institutional Financial Markets’s dividend payout ratio (DPR) is presently 24.45%.

Insider Activity at Institutional Financial Markets

In related news, EVP Joseph W. Jr. Pooler sold 6,113 shares of the firm’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $17.15, for a total transaction of $104,837.95. Following the sale, the executive vice president directly owned 69,778 shares in the company, valued at $1,196,692.70. This trade represents a 8.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 71.51% of the stock is currently owned by insiders.

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.