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

Shares of Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 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.

Institutional Financial Markets Stock Performance

The company’s fifty day simple moving average is $13.06 and its two-hundred day simple moving average is $16.44. 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 stock has a market capitalization of $32.48 million, a P/E ratio of 2.45 and a beta of 1.14.

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

Institutional Financial Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Monday, May 18th were given a dividend of $0.25 per share. The ex-dividend date was Monday, May 18th. This represents a $1.00 annualized dividend and a yield of 7.7%. 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.