On Friday, Cogent Communications Holdings Inc (NASDAQ: CCOI) opened higher 3.23% from the last session, before settling in for the closing price of $74.92. Price fluctuations for CCOI have ranged from $50.80 to $86.76 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 14.28%. Company’s average yearly earnings per share was noted -117.78% at the time writing. With a float of $44.06 million, this company’s outstanding shares have now reached $49.01 million.
The extent of productivity of a business whose workforce counts for 1947 workers is very important to gauge. In terms of profitability, gross margin is 17.23%, operating margin of -18.73%, and the pretax margin is -2.36%.
Cogent Communications Holdings Inc (CCOI) Insider Updates
A key investor’s attitude towards the stock of the Telecom Services industry is another important factor to consider. The insider ownership of Cogent Communications Holdings Inc is 10.13%, while institutional ownership is 94.86%. The most recent insider transaction that took place on Dec 16 ’24, was worth 1,545,800. Before that another transaction happened on Dec 12 ’24, when Company’s VP OF NETWORK STRATEGY sold 4,800 for $75.61, making the entire transaction worth $362,942. This insider now owns 33,800 shares in total.
Cogent Communications Holdings Inc (CCOI) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -117.78% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.48% during the next five years compared to 111.69% growth over the previous five years of trading.
Cogent Communications Holdings Inc (NASDAQ: CCOI) Trading Performance Indicators
Check out the current performance indicators for Cogent Communications Holdings Inc (CCOI). In the past quarter, the stock posted a quick ratio of 2.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.78, a number that is poised to hit -1.22 in the next quarter and is forecasted to reach -3.96 in one year’s time.
Technical Analysis of Cogent Communications Holdings Inc (CCOI)
The latest stats from [Cogent Communications Holdings Inc, CCOI] show that its last 5-days average volume of 0.65 million was superior to 0.44 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 46.92%. Additionally, its Average True Range was 2.52.
During the past 100 days, Cogent Communications Holdings Inc’s (CCOI) raw stochastic average was set at 62.84%, which indicates a significant increase from 39.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.28% in the past 14 days, which was lower than the 28.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $80.55, while its 200-day Moving Average is $68.92. Now, the first resistance to watch is $78.59. This is followed by the second major resistance level at $79.85. The third major resistance level sits at $82.12. If the price goes on to break the first support level at $75.06, it is likely to go to the next support level at $72.79. Assuming the price breaks the second support level, the third support level stands at $71.53.
Cogent Communications Holdings Inc (NASDAQ: CCOI) Key Stats
There are currently 49,024K shares outstanding in the company with a market cap of 3.91 billion. Presently, the company’s annual sales total 940,920 K according to its annual income of 1,273 M. Last quarter, the company’s sales amounted to 257,200 K and its income totaled -63,110 K.
