Cogeco (OTCMKTS:CGECF) Trading Up 3.1% – Should You Buy?

Cogeco Inc. (OTCMKTS:CGECFGet Free Report)’s stock price shot up 3.1% on Monday . The company traded as high as $43.80 and last traded at $43.80. 595 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 1,197 shares. The stock had previously closed at $42.50.

Cogeco Stock Up 3.1 %

The business’s 50 day moving average price is $40.45 and its two-hundred day moving average price is $38.66.

About Cogeco

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Cogeco Inc, through its subsidiaries, operates in the communications and media sectors in Canada and the United States. The company operates in two segments, Canadian Telecommunications and American Telecommunications. It provides a range of Internet, video, and phone services through advanced fibre optic and two-way telecommunications distribution networks primarily to residential customers, as well as business services under the Cogeco Connexion name in Quebec and Ontario; and Breezeline brand in the United States.

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