Cogeco Inc. (TSE:CGO - Get Free Report)'s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$63.85 and traded as high as C$65.78. Cogeco shares last traded at C$65.50, with a volume of 3,364 shares.
Analyst Ratings Changes
Separately, TD Securities lowered their target price on Cogeco from C$106.00 to C$105.00 and set a "buy" rating on the stock in a report on Friday, April 11th.
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Cogeco Trading Up 0.3%
The firm has a market capitalization of C$615.66 million, a price-to-earnings ratio of 6.67, a PEG ratio of -0.28 and a beta of 0.34. The company has a fifty day moving average price of C$64.22 and a two-hundred day moving average price of C$60.32. The company has a current ratio of 0.40, a quick ratio of 0.51 and a debt-to-equity ratio of 605.15.
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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