Cogeco Inc. (TSE:CGO)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $100.79 and traded as low as $100.67. Cogeco shares last traded at $103.00, with a volume of 6,977 shares traded.
Separately, CIBC boosted their target price on shares of Cogeco from C$99.50 to C$105.00 in a research report on Friday, November 1st.
The company has a quick ratio of 1.68, a current ratio of 1.74 and a debt-to-equity ratio of 133.70. The firm’s 50-day moving average price is C$100.79 and its 200 day moving average price is C$93.16. The company has a market capitalization of $1.48 billion and a P/E ratio of 11.68.
Cogeco Company Profile (TSE:CGO)
Cogeco Inc, through its subsidiaries, operates in the communications and media sectors in the United States, Canada, Europe, and internationally. The company operates in two segments, Communications and Other. It provides Internet, video, and telephony services; and information technology services, including colocation, network connectivity, hosting, cloud, and a portfolio of managed services.
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