Cogeco Communications Inc. (TSE:CCA – Get Rating) Senior Officer Christian Jolivet sold 950 shares of the firm’s stock in a transaction dated Wednesday, May 25th. The stock was sold at an average price of C$103.50, for a total value of C$98,325.00. Following the sale, the insider now owns 15,994 shares of the company’s stock, valued at C$1,655,379.
TSE CCA traded up C$0.52 during trading on Thursday, hitting C$106.05. The company’s stock had a trading volume of 19,528 shares, compared to its average volume of 86,595. The company has a quick ratio of 0.51, a current ratio of 0.84 and a debt-to-equity ratio of 155.46. The firm has a 50 day moving average price of C$104.15 and a 200 day moving average price of C$102.20. The firm has a market cap of C$5.05 billion and a P/E ratio of 12.15. Cogeco Communications Inc. has a 52 week low of C$93.80 and a 52 week high of C$123.07.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 11th. Shareholders of record on Wednesday, May 11th were given a $0.705 dividend. This represents a $2.82 annualized dividend and a yield of 2.66%. The ex-dividend date of this dividend was Tuesday, April 26th. Cogeco Communications’s dividend payout ratio is currently 30.98%.
About Cogeco Communications (Get Rating)
Cogeco Communications Inc operates as a communications corporation in North America. It operates in two segments, Canadian Broadband Services and American Broadband Services. The company offers Internet, video, and telephony services to residential and business customers through its two-way broadband fiber networks.
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