Institutional Financial Markets (NYSEAMERICAN:COHN) Shares Cross Above 200-Day Moving Average – Should You Sell?

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.87 and traded as high as $14.87. Institutional Financial Markets shares last traded at $14.54, with a volume of 7,618 shares trading hands.

Institutional Financial Markets Stock Up 0.9%

The company has a debt-to-equity ratio of 0.32, a current ratio of 0.89 and a quick ratio of 0.89. The firm’s 50 day moving average price is $19.01 and its two-hundred day moving average price is $14.87. The firm has a market cap of $26.90 million, a price-to-earnings ratio of 6.14 and a beta of 1.26.

Institutional Financial Markets Dividend Announcement

The business also recently announced a special dividend, which was paid on Thursday, January 22nd. Shareholders of record on Wednesday, January 7th were paid a $2.00 dividend. The ex-dividend date was Wednesday, January 7th. Institutional Financial Markets’s dividend payout ratio (DPR) is 24.45%.

Insider Activity

In related news, major shareholder Circle 2 Sponsor Corp Columbus purchased 265,000 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was acquired at an average price of $10.00 per share, for a total transaction of $2,650,000.00. Following the completion of the purchase, the insider directly owned 265,000 shares of the company’s stock, valued at $2,650,000. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 76.15% of the company’s stock.

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.