Cohort (LON:CHRT) Reaches New 12-Month High – Still a Buy?

Cohort plc (LON:CHRT)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 1,055 ($13.28) and last traded at GBX 1,050 ($13.22), with a volume of 598895 shares. The stock had previously closed at GBX 1,000 ($12.59).

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of Cohort in a research report on Tuesday, September 24th.

Cohort Price Performance

The company has a debt-to-equity ratio of 36.88, a current ratio of 1.55 and a quick ratio of 0.93. The stock has a market capitalization of £424.62 million, a P/E ratio of 2,631.58 and a beta of 0.56. The firm has a fifty day moving average of GBX 894.12 and a two-hundred day moving average of GBX 846.35.

Insiders Place Their Bets

In other Cohort news, insider Simon Walther acquired 598 shares of the stock in a transaction dated Friday, October 4th. The stock was purchased at an average price of GBX 906 ($11.41) per share, with a total value of £5,417.88 ($6,820.95). 39.22% of the stock is currently owned by corporate insiders.

About Cohort

Cohort plc, through its subsidiaries, provides various products and services in defense, security, and related markets in the United Kingdom, Germany, Portugal, Africa, North and South America, and the Asia Pacific and Africa. The company offers electro-optical and electro-mechanical systems, such as command, control, communications, computers, intelligence, surveillance, target acquisition, and reconnaissance, as well as combat systems; and communications systems.