Shares of Cogeco Inc. (OTCMKTS:CGECF – Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $47.68 and traded as low as $44.60. Cogeco shares last traded at $44.60, with a volume of 211 shares traded.
Analyst Ratings Changes
Separately, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Cogeco in a research report on Friday, January 16th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
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Cogeco Price Performance
About Cogeco
Cogeco Communications Inc (OTCMKTS:CGECF) is a Canadian telecommunications and media company that provides a suite of residential and business services. The company’s offerings include cable television, high-speed Internet access, and digital voice services, delivered over a hybrid fiber-coaxial network. Through its core cable operations in Ontario and Quebec, Cogeco serves hundreds of communities with a focus on delivering reliable connectivity and enhanced entertainment packages.
In the United States, Cogeco operates under the Atlantic Broadband brand, serving multiple markets along the East Coast and in the Midwest.
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