Institutional Financial Markets (NYSEAMERICAN:COHN) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHNGet Free Report)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $14.17 and traded as high as $19.95. Institutional Financial Markets shares last traded at $18.69, with a volume of 20,929 shares.

Institutional Financial Markets Price Performance

The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market capitalization of $38.13 million, a price-to-earnings ratio of 7.89 and a beta of 1.25. The company has a 50-day moving average price of $19.11 and a 200-day moving average price of $14.20.

Institutional Financial Markets (NYSEAMERICAN:COHNGet Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The financial services provider reported $2.71 earnings per share (EPS) for the quarter. The firm had revenue of $71.98 million during the quarter. Institutional Financial Markets had a net margin of 2.29% and a return on equity of 16.74%.

Institutional Financial Markets Announces Dividend

The company also recently disclosed a special dividend, which was paid on Thursday, January 22nd. Stockholders of record on Wednesday, January 7th were given a dividend of $2.00 per share. The ex-dividend date of this dividend was Wednesday, January 7th. Institutional Financial Markets’s dividend payout ratio is currently 24.45%.

About Institutional Financial Markets

(Get Free Report)

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.

Further Reading

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