Cogeco Inc. (TSE:CGO - Get Free Report) reached a new 52-week high on Friday . The stock traded as high as C$63.56 and last traded at C$63.02, with a volume of 2753 shares changing hands. The stock had previously closed at C$63.15.
Wall Street Analyst Weigh In
CGO has been the subject of a number of research analyst reports. CIBC reduced their target price on Cogeco from C$67.00 to C$64.00 in a research note on Wednesday, January 15th. TD Securities reduced their price objective on shares of Cogeco from C$106.00 to C$105.00 and set a "buy" rating on the stock in a research note on Friday, April 11th.
Check Out Our Latest Report on CGO
Cogeco Stock Performance
The company has a market cap of C$624.68 million, a P/E ratio of 6.77, a price-to-earnings-growth ratio of -0.28 and a beta of 0.34. The company has a quick ratio of 0.51, a current ratio of 0.40 and a debt-to-equity ratio of 605.15. The stock has a 50 day moving average price of C$60.82 and a two-hundred day moving average price of C$59.44.
Cogeco Company Profile
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Cogeco Inc is a telecommunications company. The company has two reportable operating segments, namely Canadian broadband services and American broadband services. The Canadian and American broadband services segments provide a wide range of Internet, video, and telephony services primarily to residential customers, as well as business services across their coverage areas.
Further Reading
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