Cohen & Company Inc (NYSEAMERICAN:COHN) Stock Passes Above Two Hundred Day Moving Average of $0.00

Cohen & Company Inc (NYSEAMERICAN:COHN) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $20.67. Cohen & Company Inc shares last traded at $19.29, with a volume of 84,000 shares traded.

Separately, TheStreet upgraded shares of Cohen & Company Inc from a “d” rating to a “c-” rating in a research report on Thursday, August 27th.

Cohen & Company Inc (NYSEAMERICAN:COHN) last issued its earnings results on Friday, August 7th. The financial services provider reported $0.80 earnings per share for the quarter. The company had revenue of $24.12 million during the quarter.

In related news, Chairman Daniel G. Cohen bought 2,500 shares of the business’s stock in a transaction on Friday, August 14th. The shares were purchased at an average price of $19.62 per share, for a total transaction of $49,050.00. Following the completion of the transaction, the chairman now directly owns 64,113 shares of the company’s stock, valued at approximately $1,257,897.06. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

A hedge fund recently bought a new stake in Cohen & Company Inc stock. Jane Street Group LLC purchased a new stake in shares of Cohen & Company Inc (NYSEAMERICAN:COHN) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 15,913 shares of the financial services provider’s stock, valued at approximately $150,000. Jane Street Group LLC owned about 1.28% of Cohen & Company Inc as of its most recent filing with the Securities & Exchange Commission.

About Cohen & Company Inc (NYSEAMERICAN:COHN)

Cohen & Company Inc is a publicly owned investment manager. The firm primarily provides its services to individuals and institutions. It manages separate client-focused fixed income portfolios. Institutional Financial Markets, Inc also manages funds and collateralized debt obligations for its clients.

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