Separately, Zacks Investment Research lowered shares of COBHAM PLC/ADR from a hold rating to a sell rating in a research note on Tuesday.
Shares of CBHMY stock traded down $0.07 during trading hours on Thursday, reaching $3.90. 12,800 shares of the stock were exchanged, compared to its average volume of 5,718. The stock has a fifty day moving average price of $2.89. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.33 and a quick ratio of 1.01. COBHAM PLC/ADR has a 12-month low of $2.31 and a 12-month high of $4.52. The stock has a market cap of $4.81 billion, a price-to-earnings ratio of 35.45 and a beta of 1.24.
Cobham plc provides a range of technologies and services to commercial, defense, aerospace, space, and security markets in the United Kingdom, the United States, other European countries, Australia, Asia, and internationally. The company operates in four segments: Communications and Connectivity, Mission Systems, Advanced Electronic Solutions, and Aviation Services.
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