Cogeco Inc. (TSE:CGO - Get Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$65.42 and traded as high as C$68.67. Cogeco shares last traded at C$68.00, with a volume of 21,900 shares.
Analysts Set New Price Targets
Separately, TD Securities decreased their price objective on shares of Cogeco from C$106.00 to C$105.00 and set a "buy" rating for the company in a report on Friday, April 11th.
Get Our Latest Analysis on CGO
Cogeco Price Performance
The stock has a market capitalization of C$586.42 million, a PE ratio of 6.36, a P/E/G ratio of -0.28 and a beta of 0.34. The firm's 50 day simple moving average is C$65.51 and its 200 day simple moving average is C$61.18. The company has a debt-to-equity ratio of 605.15, a current ratio of 0.40 and a quick ratio of 0.51.
Cogeco Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Cogeco, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cogeco wasn't on the list.
While Cogeco currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
