Cogent Communications Holdings Inc (CCOI) concluded trading on Thursday at a closing price of $53.10, with 0.44 million shares of worth about $23.38 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -35.25% during that period and on April 17, 2025 the price saw a gain of about 1.67%. Currently the company’s common shares owned by public are about 49.03M shares, out of which, 43.48M shares are available for trading.
Stock saw a price change of 4.86% in past 5 days and over the past one month there was a price change of -24.69%. Year-to-date (YTD), CCOI shares are showing a performance of -31.10% which decreased to -15.65% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $47.54 but also hit the highest price of $86.76 during that period. The average intraday trading volume for Cogent Communications Holdings Inc shares is 479.23K. The stock is currently trading -8.46% below its 20-day simple moving average (SMA20), while that difference is down -22.48% for SMA50 and it goes to -27.22% lower than SMA200.
Cogent Communications Holdings Inc (NASDAQ: CCOI) currently have 49.03M outstanding shares and institutions hold larger chunk of about 92.97% of that.
The stock has a current market capitalization of $2.62B and its 3Y-monthly beta is at 0.77. It has posted earnings per share of -$4.30 in the same period. It has Quick Ratio of 1.90 while making debt-to-equity ratio of 10.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CCOI, volatility over the week remained 3.33% while standing at 4.84% over the month.
Stock’s fiscal year EPS is expected to rise by 16.61% while it is estimated to increase by 45.55% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on November 14, 2024 offering a Buy rating for the stock and assigned a target price of $102 to it. Coverage by BofA Securities stated Cogent Communications Holdings Inc (CCOI) stock as an Underperform in their note to investors on August 21, 2024, suggesting a price target of $65 for the stock. On July 01, 2024, Goldman Initiated their recommendations, while on March 07, 2024, BofA Securities Downgrade their ratings for the stock with a price target of $75. Stock get a Neutral rating from Goldman on August 21, 2023.
