Institutional Financial Markets (NYSEAMERICAN:COHN) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $13.06 and traded as high as $13.43. Institutional Financial Markets shares last traded at $12.94, with a volume of 7,932 shares traded.

Institutional Financial Markets Price Performance

The stock has a market capitalization of $32.48 million, a P/E ratio of 2.45 and a beta of 1.14. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.87 and a quick ratio of 0.87. The company’s 50-day simple moving average is $13.06 and its 200-day simple moving average is $16.44.

Institutional Financial Markets (NYSEAMERICAN:COHN) last issued its earnings results on Monday, May 4th. The financial services provider reported $0.42 earnings per share (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 during the quarter.

Institutional Financial Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, May 18th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date of this dividend was Monday, May 18th. Institutional Financial Markets’s dividend payout ratio (DPR) is presently 24.45%.

Institutional Financial Markets Company Profile

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.