On Thursday Cohen & Company Inc (NYSE:COHN) Closed At A New 52 Week Low of $7.40

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Cohen & Company Inc (NYSE:COHN)

December 6th, 2018
Cohen & Company Inc fell $1.40 Thursday, a 15.91% decline, closing at $7.40. Sadly, in addition to dropping COHN ended up closing the day at a new 52 week low.As well as the drop in value, Cohen & Company Inc hit a new 52 week low of $7.40, breaking the previous low of $7.96 from earlier this July. Cohen & Company Inc bounced 21.49% between low and high. Despite the drop in value, trading volumes were solid at 322% of normal which can indicate investor opportunities.

COHN was outperformed by the rest of the Financials sector which went down only 1.44%.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 12%. The biggest loss this year has been the Materials sector dropping 12%.

Communication Services saw the biggest turnaround from its 5-day performance of -1.28%, as it went up 1.04%. Utilities saw a turn around from its 5-day performance of 2.33% trading down 0.10%.

Sector Breakdown

  • Real Estate went up with a 2.66% change.
  • Communication Services went up with a 1.04% change.
  • Consumer Discretionary went up with a 0.61% change.
  • Information Technology went up with a 0.23% change.
  • Utilities went down with a -0.10% change.
  • Consumer Staples went down with a -0.10% change.
  • Healthcare went down with a -0.31% change.
  • Industrials went down with a -0.55% change.
  • Materials went down with a -1.36% change.
  • Financials went down with a -1.44% change.
  • Energy went down with a -1.77% change.

Cohen & Company Inc Info

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. It invests in the fixed income and alternative investment markets across the globe. The firm’s fixed income investments include U.S. trust preferred securities, European hybrid capital securities, Asian commercial real estate debt, mortgage backed securities, and asset backed securities. The firm was formerly known as Institutional Financial Markets, Inc. Cohen & Company Inc. was founded in 1999 and is based in Philadelphia, Pennsylvania with additional offices in New York City; Boca Raton, Florida; Chicago, Illinois; Bethesda, Maryland; Boston, Massachusetts; Paris, France; and London, United Kingdom.

All amounts in USD unless otherwise indicated

COHN daily update
COHN daily update


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