Cogeco Inc. (TSE:CGO - Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 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.
Wall Street Analyst Weigh In
Separately, TD Securities decreased their target price 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 Research Report on Cogeco
Cogeco Trading Up 1.9%
The firm has a market cap of C$621.83 million, a price-to-earnings ratio of 6.74, a price-to-earnings-growth ratio of -0.28 and a beta of 0.34. The company has a debt-to-equity ratio of 605.15, a current ratio of 0.40 and a quick ratio of 0.51. The firm's fifty day moving average is C$63.85 and its 200-day moving average is C$60.22.
About Cogeco
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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.
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